Narrow search
Showing 1 - 10 of 104
Cover Image
Ownership concentration and firm performance: Evidence from an emerging market
Grosfeld, Irena - HAL - 2006
The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...
Persistent link: https://www.econbiz.de/10010738833
Cover Image
Large shareholders and firm value: Are high-tech firms different?
Grosfeld, Irena - HAL - 2009
This paper explores the relationship between ownership structure and firm value in a transition economy. It distinguishes firms belonging to the sector of innovative technologies and firms from more "traditional" industries. For the latter, the results of the estimation of a simultaneous...
Persistent link: https://www.econbiz.de/10010738964
Cover Image
Disclosure and minority expropriation: A study of French listed firms
Chiraz, Ben Ali - HAL - 2009
In this paper we examine the influence of minority expropriation on disclosure level in France where shareholders are poorly protected and the main agency problem is the one between controlling and minority shareholders (type II conflict) while prior studies have been undertaken in the United...
Persistent link: https://www.econbiz.de/10008793309
Cover Image
Board structure, Ownership structure, and Firm performance : Evidence from Banking
Belkhir, Mohamed - HAL - 2006
This paper examines the interrelations among five ownership and board characteristics in a sample of 260 bank and … ownership structures. The results suggest that banks substitute between governance mechanisms that align the interests of … managers and shareholders. These findings suggest that cross-sectional OLS regressions of bank performance on single governance …
Persistent link: https://www.econbiz.de/10008794749
Cover Image
Corporate governance, value and performance of firms: New empirical results on convergence from a large international database
Krafft, Jackie; Qu, Yiping; Quatraro, Francesco; Ravix, … - HAL - 2013
This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...
Persistent link: https://www.econbiz.de/10010607938
Cover Image
Corporate governance, value and performance of firms: New empirical results on convergence from a large international database
Krafft, Jackie; Qu, Yiping; Quatraro, Francesco; Ravix, … - HAL - 2013
This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...
Persistent link: https://www.econbiz.de/10010899028
Cover Image
Corporate governance, value and performance of firms: New empirical results on convergence from a large international database
Krafft, Jackie; Qu, Yiping; Quatraro, Francesco; Ravix, … - HAL - 2013
This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical...
Persistent link: https://www.econbiz.de/10010899761
Cover Image
The use of accounting and stock market data to predict bank financial distress: the case of East Asian banks
Distinguin, Isabelle; Tarazi, Amine; Trinidad, Jocelyn - HAL - 2011
This paper investigates whether market information could add to accounting information in the prediction of bank … assets. We also find that market indicators are significant to predict banks' financial distress whatever assets structure …. However, for non traditional banks, that is for banks with a low ratio of net loans to total assets, market information seems …
Persistent link: https://www.econbiz.de/10010607934
Cover Image
Are early market indicators of financial deterioration accurate for Too Big To Fail banks? Evidence from East Asia
Distinguin, Isabelle; Tarazi, Amine - HAL - 2010
Fail banks in Asia. A stepwise logit model is first estimated to isolate the optimal set of accounting indicators to …
Persistent link: https://www.econbiz.de/10010820702
Cover Image
The use of accounting and stock market data to predict bank financial distress: the case of East Asian banks
Distinguin, Isabelle; Tarazi, Amine; Trinidad, Jocelyn - HAL - 2008
This paper investigates whether market information could add to accounting information in the prediction of bank … assets. We also find that market indicators are significant to predict banks' financial distress whatever assets structure …. However, for non traditional banks, that is for banks with a low ratio of net loans to total assets, market information seems …
Persistent link: https://www.econbiz.de/10010821430