Showing 1 - 10 of 31
This work expands the literature on a less studied topic, the Chief Executive Officer (CEO) turnover in post-communist economies, analyzed during an unstable and ambiguous economic and financial environment. For the period 2005-2010, the results indicate the political inference in CEO turnover...
Persistent link: https://www.econbiz.de/10012302442
the period 2005-2018, the results show that the firm values increase more in the reform countries than non-reform … countries relative to pre-reform levels. This positive effect changes for firms with high and low levels of debt. Moreover, the … values after reforms increase more for firms located in civil countries and in countries with rule-based reform approaches …
Persistent link: https://www.econbiz.de/10012404169
The purpose of this paper is to investigate the effect of corporate governance quality and ownership structure on the relationship between the agency cost and firm performance. Both the fixed-effects model and a more robust dynamic panel generalized method of moment estimation are applied to...
Persistent link: https://www.econbiz.de/10012309350
observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious …
Persistent link: https://www.econbiz.de/10012022141
One of the basic functions of establishing corporate governance (CG) in companies is improving performance and increasing value for shareholders. Expanding the company's value will ultimately increase the shareholders' wealth. Therefore, it is natural for shareholders to seek to improve their...
Persistent link: https://www.econbiz.de/10013273444
This paper applies a meta-analysis method to investigate the moderating impact of political stability on the relationship between ownership identities and firm performance in the Middle Eastern countries (i.e., the Arab World). The study collected 105 correlations from 46 previous studies with...
Persistent link: https://www.econbiz.de/10012798661
Using the Ordinary Least Square (OLS) estimation technique based on a sample of 180 listed firms from 2008 to 2018, this study investigates the impact of institutional ownership on firm performance in the Bangladeshi setting. Consistent with the "active monitoring" view, the results indicate...
Persistent link: https://www.econbiz.de/10014284398
This paper analyses the effect of family ownership and the characteristics of the board of directors on the risk assumed by Spanish non-financial companies. The sample consists of 176 Spanish non-financial companies listed on Spanish stock exchanges during the period 2012-2015. The results show...
Persistent link: https://www.econbiz.de/10013161742
The objective of this paper is to empirically examine the moderating effect of ownership structure on the relationship between systemic risk and corporate governance. It complements prior research by studying the relationship between the proportion of capital held by state institutions and...
Persistent link: https://www.econbiz.de/10013273469
application may be a source of conflicts between managers and shareholders. In this paper, we study the influence of a set of …
Persistent link: https://www.econbiz.de/10012322365