Showing 1 - 10 of 61
This study examines how globalization of corporate governance practices influence the risk of European CEOs being dismissed. We argue that the harsh monitoring of the American corporate governance system spills over to the rest of the world as a result of this globalization. We focus on direct...
Persistent link: https://www.econbiz.de/10008562416
We analyze the development of the Swedish ownership model after World War II. The controlling ownership in Swedish … firms is typically concentrated to one or two owners. Often, but not always, the controlling owners are Swedish families …. Thus, the model resembles the typical corporate control model of Continental Europe. A distinguishing feature of the …
Persistent link: https://www.econbiz.de/10005645325
(international cross-listing), the market for corporate control (foreign board membership), and the product and service market …
Persistent link: https://www.econbiz.de/10005645393
This study examines the effect of foreign (Anglo-American) board membership on corporate performance measured in terms of firm value (Tobin’s Q). On a basis of firms with headquarters in Norway or Sweden the study indicates a significantly higher value for firms that have outsider...
Persistent link: https://www.econbiz.de/10005645423
find that entrenched managers pay their workers more. For example, our estimates show that CEOs with more control rights …
Persistent link: https://www.econbiz.de/10005645442
This paper proposes a cross-border M&A model with financially constrained owners in which the identity of the buyer and seller can be determined. We show that policies blocking foreign acquisitions to protect the domestic industry can be counterproductive. Foreign acquisition can increase the...
Persistent link: https://www.econbiz.de/10010575175
Despite the global reach of their commercial activities, many multinational firms have proved slow in internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms from the Nordic countries, we find a higher fraction of...
Persistent link: https://www.econbiz.de/10010818485
control has not proven to be a viable model of corporate governance for Swedish listed companies. Instead, the control models …
Persistent link: https://www.econbiz.de/10008784428
State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers, project grants, loans, conditional loans, and grants with royalty rights. Very little is currently...
Persistent link: https://www.econbiz.de/10011019052
State subsidies to R & D or innovative investments in firms are organized in many different ways. Examples from the plethora of extant subsidy instruments are tax incentives, grants to researchers, project grants, loans, conditional loans, and grants with royalty rights. Very little is currently...
Persistent link: https://www.econbiz.de/10011019056