Narrow search
Showing 1 - 10 of 877
Cover Image
What Explains the Rise in CEO Pay in Germany? A Panel Data Analysis for 1977-2009
Fabbri, Francesca - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10013108264
Cover Image
How Policy Changes Affect Shareholder Wealth : The Case of the Fukushima Daiichi Nuclear Disaster
Betzer, André - 2011
of almost half of Germany's nuclear reactors while safety checks were carried out, and a three-month moratorium on … companies to renewable energies companies in Germany. We moreover find that the joint market capitalization of these firms has …
Persistent link: https://www.econbiz.de/10013121551
Cover Image
Does Corporate Governance Reform Necessarily Boost Firm Performance? Recent Evidence from Russia
Kuznecovs, Mihails - 2012
This paper examines whether the introduction of corporate governance (CG) reforms in general and that of transparency and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG reforms can boost performance because it can resolve the...
Persistent link: https://www.econbiz.de/10013106948
Cover Image
CEO and Board Characteristics as Determinants of Private Benefits of Control : Evidence from the Russian Stock Exchange
Berezinets, Irina - 2012
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10013112769
Cover Image
Firm Performance and Managerial Turnover : The Case of Ukraine
Muravyev, Alexander - 2009
The paper studies whether and how CEO turnover in Ukrainian firms is related to their performance. Based on a novel dataset covering Ukrainian joint stock companies in 2002-2006, the paper finds statistically significant negative association between the past performance of firms measured by...
Persistent link: https://www.econbiz.de/10013156404
Cover Image
All on Board? New Evidence on Board Gender Diversity from a Large Panel of Firms
Tyrowicz, Joanna - 2020
Using a unique database of over 20 million firms over two decades, we examine the industry sector and national institution drivers of the prevalence of women directors on supervisory and management boards in both public and private firms across 41 advanced and emerging European economies. We...
Persistent link: https://www.econbiz.de/10012843707
Cover Image
Expertise and Independence on Governing Boards : Evidence from School Districts
Shi, Ying - 2019
In this paper, we study the roles of expertise and independence on governing boards in the context of education. In particular, we examine the causal influence of professional educators elected to local school boards on education production. Educators may bring valuable human capital to school...
Persistent link: https://www.econbiz.de/10012867992
Cover Image
The Gender Composition of Corporate Boards and Firm Performance : Evidence from Russia
Garanina, Tatiana - 2019
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded on the national stock market between 1998 and 2014. Using multiple identification approaches, alternative...
Persistent link: https://www.econbiz.de/10012868825
Cover Image
Boards of Directors in Russian Publicly Traded Companies in 1998-2014 : Structure, Dynamics and Performance Effects
Muravyev, Alexander - 2016
This paper provides new evidence on the structure, dynamics and performance effects of corporate boards in publicly traded companies in Russia. It takes advantage of a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded in the RTS/MICEX/MOEX over...
Persistent link: https://www.econbiz.de/10012977060
Cover Image
Legal Corruption, Politically Connected Corporate Governance and Firm Performance
Domadenik, Polona - 2014
In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...
Persistent link: https://www.econbiz.de/10013050620