The paper analyzes the interplay of product market competition and governance on CEO compensation in Italian listed … market competition eventually prevails over family ties even in a family-controlled governance system such as in Italy. … definitions of competition: the intensity of import penetration, which accounts for price competition, and the intensity of R …

explanations to address the long-run data. -- Executive compensation ; managerial incentives ; corporate governance ; market for …

chapter contrasts the governance of LSVCCs to limited partnerships. We also summarize Canadian evidence on the impact of LSVCC … governance and tax incentives: (1) on the distribution of venture capital funding between private and LSVCC funds; (2) on the …

and was particularly pronounced for younger and smaller firms. Competition dynamics and borrowing constraints seem to …

This paper presents estimates from a latent variables model of the relation between corporate governance and financial … set, between governance and performance. We find that this correlation is statistically speaking zero. This result is … consistent with the "equilibrium view" (Demsetz, 1983) in which firms optimize corporate governance arrangements subject to the …

We analyze how interactions between corporate taxation and corporate governance affect shareholder capital. Using a …