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Brazil today is at an advanced stage in the corporate governance debate, and demand for voting shares, transparency …
Persistent link: https://www.econbiz.de/10012553396
This report assesses Brazil's corporate governance policy framework. It highlights recent improvements in corporate … governance in Brazil. It is an update of the 2005 corporate governance Report on the Observance of Standards and Codes (ROSC …). Brazil's experience over the past 10 years has shown the value of corporate governance reforms, both in Brazil and around the …
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"For a foreign "issuer," the benefits of cross-listing in the United States are extensively documented in the literature. However it is not clear what motivates "investors" to hold American Depositary Receipts (ADRs) rather than the underlying stock of these issuers. The authors address the...
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"The authors jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude...
Persistent link: https://www.econbiz.de/10010522568
"The authors study differences in the use of two corporate governance provisions - cumulative voting and proxy by mail voting - in a sample of 224 firms located in four Eastern European countries. The report finds a significant relationship between ownership structure, and the use of corporate...
Persistent link: https://www.econbiz.de/10010522600
"Control of corporate assets by wealthy families in economies lacking institutional integrity is common. It has negative implications on corporate governance and adverse macroeconomic effects when it extends across a sufficiently large part of the country's corporate sector. Morck and Yeung...
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