Showing 1 - 10 of 15
-growth strategic renewal trajectories. We also found a positive moderating effect of the proportion of shareholders from the Anglo …
Persistent link: https://www.econbiz.de/10008681046
€™ interests. Protests by Isaac le Maire and Willem Usselinx about the board’s disregard for shareholders rooted in a conviction …
Persistent link: https://www.econbiz.de/10008484114
disclose’ hypothesis. If shareholders have sufficient rights to monitor and influence management decisions, debt providers can … rely upon shareholders to mitigate agency costs. Otherwise, bondholders require a premium to compensate for the information …
Persistent link: https://www.econbiz.de/10008484123
We examine the relation between the quality of corporate governance and the value of excess cash for large European firms (FTSEurofirst 300 Index). We use Deminor ratings for Shareholder rights, Takeover defences, Disclosure and Board as proxies for the quality of corporate governance. We find...
Persistent link: https://www.econbiz.de/10005450990
the shareholders. Corporate governance structures serve to constrain managers in their acquisition activity. In this … corporate governance, because the managerial board has a relatively strong position vis-à-vis shareholders. Several takeover … such fights. On the other hand, ownership is relatively concentrated, which may provide shareholders with the incentives …
Persistent link: https://www.econbiz.de/10005288562
examine six distinct categories of Japanese shareholders: foreign investors, investment funds, pen sion funds, banks and …
Persistent link: https://www.econbiz.de/10005288569
Royal Ahold (Koninklijke Ahold NV) was one of the major success stories in the 1990s and is one of the major failures in corporate governance, suffering a complete meltdown in 2003. This clinical study analyzes Ahold’s growth strategy through acquisitions and isolates the cause of the...
Persistent link: https://www.econbiz.de/10005288668
In this paper we present the results of an international survey among 313 CFOs on capital budgeting, cost of capital, capital structure, and corporate governance. We extend previous results of Graham and Harvey (2001) by broadening their sample internationally, by including corporate governance,...
Persistent link: https://www.econbiz.de/10005288685
In a synthesis of recent advances, this article gives a fresh, balanced theory of inter-organizational relations. It integrates competence and governance perspectives. It considers the choice between mergers/acquisitions and alliances. It offers a toolbox of instruments to govern relational...
Persistent link: https://www.econbiz.de/10005288696
Through a case study of Chinese Family Business Groups (FBGs) in East Asia, this paper examines the relationship between the strategic behaviour exhibited by an organisational form and it's administrative heritage. To do so, we trace the origins of the strategic behaviour which scholars commonly...
Persistent link: https://www.econbiz.de/10005288791