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from the privatization authority by circumventing the capital market are high; (ii) the company experiences frequent …
Persistent link: https://www.econbiz.de/10010708206
This article considers an international sample of venture capital and private equity funds to assess the role of law, corruption, and culture in setting fund manager fees. With better legal conditions, fixed fees are lower, carried interest fees are higher, clawbacks are less likely, and share...
Persistent link: https://www.econbiz.de/10010708367
This paper considers an international sample of venture capital and private equity funds to assess the role of law, corruption and culture in setting fund manager fees in terms of their fixed management fees, carried interest performance fees, clawbacks of fees and cash versus share...
Persistent link: https://www.econbiz.de/10010708368
French law mandates that employees of large publicly listed companies be allowed to elect two types of directors to represent employees. First, partially privatized companies must reserve two or three (depending on board size) board seats for directors elected by employees by right of...
Persistent link: https://www.econbiz.de/10011074058
Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …
Persistent link: https://www.econbiz.de/10010708537
French law mandates that employees of publicly listed companies can elect two types of directors to represent employees. Privatized companies must reserve board seats for directors elected by employees by right of employment, while employee-shareholders can elect a director whenever they hold at...
Persistent link: https://www.econbiz.de/10010708775
Persistent link: https://www.econbiz.de/10011071812
In this research, we study social desirability and demand artifacts in light of the increasing use of on-line studies. Our experiment shows that this data collection medium does not always reduce these biases. First, when an attractive interviewer appears on the cover page of an on-line study,...
Persistent link: https://www.econbiz.de/10011072579
This study examines the limits of global corruption indicators based on experts’ perceptions. It draws on a wave of original surveys conducted in eight African countries that combined two types of approaches. The first approach covers a sample of over 35,000 people and uses experience-based...
Persistent link: https://www.econbiz.de/10011073308
The emergence of institutions, governance and especially corruption as major development considerations has generated a whole host of international databases intended to measure these concepts. These databases are now widely used in both the academic world and for public policies, especially for...
Persistent link: https://www.econbiz.de/10011073637