Showing 1 - 10 of 91
In this paper we use interview data to explore the new shareholder activism of mainstream UK institutional investors. We describe contemporary practices of corporate governance monitoring and engagement and how they vary across institutions, and explore the motivations behind them. Existing...
Persistent link: https://www.econbiz.de/10005687943
application very little is known about the ways in which managers apply the principle – in particular, how they make use of the …
Persistent link: https://www.econbiz.de/10010614644
In the wake of the financial crisis, shareholders are increasingly relied upon to monitor directors. But while much has been written about directors' flawed judgments, remarkably little is known about shareholders' ability to make accurate judgments. What determines whether shareholders make the...
Persistent link: https://www.econbiz.de/10010614650
Fund managers are the primary investment decision-makers in the stock market, and corporate executives are their … findings from interview research conducted with chief financial officers (CFOs) and investor relations managers from FTSE 100 … companies and with chief investment officers (CIOs) and fund managers (FMs) from large institutional investors. Of particular …
Persistent link: https://www.econbiz.de/10005162865
We examine the announcement and post-acquisition share returns of 4,000 acquisitions by U.K. public firms during 1984-1998. We include acquisitions of domestic and cross-border targets, and of both publicly quoted and privately held targets. In acquisitions of domestic public targets, abnormal...
Persistent link: https://www.econbiz.de/10005687949
This paper explores the question of whether the institution of the stock market is likely to be helpful to low and middle income countries in promoting development of their real economy and ensuring fast industrial growth. The case for and against the stock market inevitably involves a...
Persistent link: https://www.econbiz.de/10005813035
This paper examines the extent to which contemporary business-led approaches designed to maximize female human capital are effective in reducing the gendered pay gap in the British labour market. In particular it asks whether the approach outlined by the latest Cabinet Office Review on women's...
Persistent link: https://www.econbiz.de/10005813037
The threat of systemic risk in international financial markets necessitates the establishment of universal standards for corporate governance of financial institutions. This paper addresses some important issues and concepts in the governance of multinational financial institutions and why...
Persistent link: https://www.econbiz.de/10005162857
This paper examines from the developing countries perspective important analytical and policy issues arising from: a) the current international discussions about corporate governance in relation to the New International Financial Architecture; b) changes in the international competitive...
Persistent link: https://www.econbiz.de/10005162858
This paper critically examines the Greenspan-Summers-IMF thesis concerning the Asian crisis, which suggested that the fundamental causes of the Asian crisis lay in the microeconomic behavior of economic agents in these societies - in the Asian way of doing business. The paper concentrates on...
Persistent link: https://www.econbiz.de/10005687954