Showing 1 - 10 of 49
We compare group affiliation in seven East Asian countries and Chile, using data for more than 1,000 publicly traded … percent in Chile. We find evidence that group structures are used to diversify risks internally as firms’ market risk is … influenced not only by own characteristics-such as size, price/book ratio-but also by group characteristics, especially in Chile …
Persistent link: https://www.econbiz.de/10005813740
The influence of Chilean pension fund management organizations (AFPs) on corporate governance has been shaped by regulations and by three characteristics of the local market, namely: lack of liquidity; high ownership concentration; and high visibility of AFP investment decisions. AFPs began to...
Persistent link: https://www.econbiz.de/10005813741
, property and control structures in Chile, Brazil, Mexico and East Asia. Also, the role of pension funds in Chilean corporate … structures are diverse, being notably simpler in Chile. Finally, in this particular article some of the recently proposed legal … reforms in Chile are analyzed, especially those related with mandatory tender offer requirements. …
Persistent link: https://www.econbiz.de/10005813742
This study considers different methodologies for times series prediction of Sales. Given the specification of a bivariate autoregressive time series model for Sales and GDP, the paper derives classical models of prediction, such as a regression model, a regression model with error correction, a...
Persistent link: https://www.econbiz.de/10005813743
This paper studies short- and long-run Initial Public Offering (IPO)performance in Chile. Using both a market index and … play an important role in determining short-run underpricing in Chile. Timing evidence shows a puzzling negative relation …
Persistent link: https://www.econbiz.de/10005813744
This paper provides an overview of the role of institutional investors in financial markets and in particular their role in the governance of corporations. The paper presents the theoretical and empirical evidence regarding the consequences of institutional investor trading and ownership on...
Persistent link: https://www.econbiz.de/10005813746
The impact of issuing American Depository Receipts on the wealth of Latin American shareholders has been rarely discussed in the specialized literature. The Event Study methodology is used to analyze the reaction to Public Announcement of ADRs. Using several model specifications the results...
Persistent link: https://www.econbiz.de/10005813747
This paper describes an applied research experience on the leadership process at a financial services company. For to the purposes of this study, leadership was viewed as a strategy for business competitiveness. The objectives were to evaluate the dominant leadership practices in the...
Persistent link: https://www.econbiz.de/10005813749
ambulance services in Chile. We evaluate the main opportunities for improvement, including the reduction of lead-times, fleet …
Persistent link: https://www.econbiz.de/10005813750
practices of Chilean companies, and explores several venues towards improving corporate governance in Chile. …
Persistent link: https://www.econbiz.de/10008493475