Similar Search Results

Corporate Governance and the Cost of Debt of Large European Firms

van Dijk, Dick; Schauten, Schauten, M.B.J. - Erasmus Research Institute of Management (ERIM), … - 2010

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/10010837530

When Do Managers Seek Private Equity Backing in Public-to-Private Transactions?

van Dijk, Dick; Fidrmuc, Fidrmuc, J.P.; Roosenboom, … - Erasmus Research Institute of Management (ERIM), … - 2007

Over the last decade, the going private market has experienced a considerable boom in size and also has become more interesting for private equity investors that are looking to partner with incumbent management. This offers managers the choice to take the firm private themselves in a traditional...

Persistent link: https://www.econbiz.de/10010837590

Corporate Governance and the Value of Excess Cash Holdings of Large European Firms

van Dijk, Dick; Schauten, Schauten, M.B.J.; van der … - Erasmus Research Institute of Management (ERIM), … - 2008

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/10010837639

De Ratio van Corporate Governance

de Jong, de Jong, A. - Erasmus Research Institute of Management (ERIM), … - 2006

Abe de Jong (1970) is Professor in Corporate Finance and Corporate Governance at RSM Erasmus University. He obtained a PhD in finance at Tilburg University (1999). His research and teaching interests are in the area of empirical corporate finance and include capital structure choice, dividend...

Persistent link: https://www.econbiz.de/10010730461

Corporate Finance In Europe Confronting Theory With Practice

Brounen, Brounen, D.; de Jong, de Jong, A.; Koedijk, … - Erasmus Research Institute of Management (ERIM), … - 2004

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/10010730904

Accommodating Two Worlds in One Organization: Changing Board Models in Agricultural Cooperatives

Bijman, Bijman, W.J.J.; Hendrikse, Hendrikse, G.W.J.; … - Erasmus Research Institute of Management (ERIM), … - 2012

While most economic organisation literature on cooperatives has focused on changes in income rights, we study changes in the allocation of decision rights between board of directors (representing members) and managers. The traditional role of the board is to direct the activities of the...

Persistent link: https://www.econbiz.de/10010730937

Corporate Governance and Acquisitions: Acquirer Wealth Effects in the Netherlands

de Jong, de Jong, A.; van der Poel, van der Poel, A.M.; … - Erasmus Research Institute of Management (ERIM), … - 2007

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/10010730980

Shareholders’ Voting at General Meetings: Evidence from the Netherlands

de Jong, de Jong, A.; Mertens, Mertens, G.M.H.; … - Erasmus Research Institute of Management (ERIM), … - 2004

We study annual general meetings of shareholders in the Netherlands. The Dutch corporate governance system is … legal protection of shareholders is poor due to takeover defenses, such as certificates, which deprive shareholders from … the shareholders is present at the meeting. This is low in comparison with shareholder turn-out in Anglo-Saxon countries …

Persistent link: https://www.econbiz.de/10010730998

Organisational Path-Dependence and Institutional Environment

Carney, M.; Gedajlovic, E.R. - Erasmus Research Institute of Management (ERIM), … - 2001

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/10010731017

An Admiralty for Asia: Isaac le Maire and conflicting conceptions about the corporate governance of the VOC

Gelderblom, Gelderblom, O.; de Jong, de Jong, A.; … - Erasmus Research Institute of Management (ERIM), … - 2010

the preeminent position given to the Estates General as the VOC’s main principal, to the detriment of shareholders …’ interests. Protests by Isaac le Maire and Willem Usselinx about the board’s disregard for shareholders rooted in a conviction …, the perceived public interest of a strong military presence in Asia prevented shareholders’ protests from changing the …

Persistent link: https://www.econbiz.de/10010731126