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We investigate changes to the ownership and control of East Asia's largest companies in 1996 and 2008. Newly compiled data for 1386 publicly traded companies at the end of 2008 are supplemented with existing data on 1,606 publicly traded companies at the end of 1996. Two main findings stand out....
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quality of security prices through information production can improve the governance of financial institutions. Future …We identify the tension between dueling expectations of financial institutions as value-maximizing entities that also … motivate potential producers of information by changing their incentives. Traditional approaches to bank governance may …
Persistent link: https://www.econbiz.de/10010604243
This paper examines the relationship between acquirer size, sovereign governance, and value-creation in acquisitions … primarily from agency and entrenchment problems. However, in weak governance environments, size might have off-setting benefits … magnitude in weak governance markets. Compared with larger acquirers in strong governance countries, large acquirers in weak …
Persistent link: https://www.econbiz.de/10010776950
Recent research on central bank governance has focused mainly on their monetary policy task. As the sub-prime loan … also in ensuring their soundness and stability. In this paper we study the specific corporate governance structures of a … public governance literatures, where present. Our analysis highlights a striking variety in central bank governance …
Persistent link: https://www.econbiz.de/10005656403
The governance of companies is of importance to developing countries due to the link between effective corporate … governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of … a few individuals, families or corporate groups and impact on corporate governance and economic development.Using Sri …
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