Showing 1 - 10 of 407
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
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
China's favourable labour supply flowing from the "demographic dividend": a larger share of working age population (WAPS …). Currently, this dividend is slipping away and many in China are very concerned. Against this background I set out to examine the … contributions of various dimensions of China's changing WAPS and its impact on economic growth. I show that between 1982-2015 the …
Persistent link: https://www.econbiz.de/10014348145
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals … or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the …
Persistent link: https://www.econbiz.de/10012894540
shareholders with a regular vote on executive pay. We apply a regression discontinuity design to the votes on shareholder …
Persistent link: https://www.econbiz.de/10013045012
stock market returns. We instrument the actual capital gains and dividend payments with past portfolio weights. Unrealized … a flat 5 percent for the rest of the distribution. Households' consumption is significantly more responsive to dividend …
Persistent link: https://www.econbiz.de/10012925516
We assess Africa's prospects for enjoying a demographic dividend. While fertility rates and dependency ratios in Africa … Northern America. This projection suggests Africa has considerable potential to enjoy a demographic dividend. Whether and when …
Persistent link: https://www.econbiz.de/10012983914
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
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
We provide novel evidence on the effectiveness of mandated changes in Russian transparency and disclosure (henceforth T&D) rules in boosting shareholder welfare. We focus on the staggered implementation of these T&D reforms initiated in 2002 and implemented during 2003-07. Using difference in...
Persistent link: https://www.econbiz.de/10012993932