Showing 1 - 10 of 54
This study examines the managerial power-hypothesis of selective hedging, which holds that selective hedging is observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious scrutiny or questioning. The hypothesis is tested using...
Persistent link: https://www.econbiz.de/10012022141
is negatively related to accounting-based performance. We find evidence of the "voting with their feet" behavior of … largest shareholder act as entrenchment mechanisms. …
Persistent link: https://www.econbiz.de/10012302442
The paper’s prime objective is to understand the impact of Shareholder activism on firm performance. This study is … activism index (sha index) using multiple activisms and corporate governance factors. To measure firm performance, we have used … activism on firm performance. Also, activist investors are targeting companies. These attacks are not fructifying desired …
Persistent link: https://www.econbiz.de/10013168731
The study aimed to investigate the role of non-financial measures in predicting corporate financial distress in the Indian industrial sector. The proportion of independent directors on the board and the proportion of the promoters’ share in the ownership structure of the business were the...
Persistent link: https://www.econbiz.de/10012626240
the misalignment of CEO risk tolerance and governance structures is associated with company performance. Using a two …) misalignment of these structures with risk tolerance is negatively associated with financial performance. Based on a sample of 8208 …
Persistent link: https://www.econbiz.de/10012626780
, particularly conditional on multiple large shareholders, is empirically unexplored. Using a sample of SMEs listed in China, this … large shareholders. The results show that effective internal control significantly promotes SMEs to achieve sustainable … growth, and the effect is moderated by multiple large shareholders, suggesting that the role of internal control is more …
Persistent link: https://www.econbiz.de/10012171284
This study aims to investigate the unsettled issue of the relationship between CEO duality and a firm’s value through the perspective of investors’ reaction to news which mention apical directors with a single role and Board Chair CEOs. With a unique and hand-collected database of 60,805...
Persistent link: https://www.econbiz.de/10012417728
This paper studies the impact of a change in promoter shareholding on small-cap-value stocks. NIFTY Small Cap 250 index stocks within the top 20th percentile of the book-to-market (B/M) ratio of the same universe have been considered for this study. The paper uses regression analysis for...
Persistent link: https://www.econbiz.de/10014295010
This paper studies the impact of independent board members on the financial performance of companies listed on the … investigating alternative performance indicators such as return on assets (ROA), return on equity (ROE) and Tobin's Q. The …
Persistent link: https://www.econbiz.de/10012628811
performance of the companies listed on the Bucharest Stock Exchange (BSE). In order to test the influence of these characteristics … BSE would increase the performance and the value of these firms. …
Persistent link: https://www.econbiz.de/10012813260