Showing 1 - 10 of 151
Few can argue with the notion that corporations should at least consider corporate social responsibility (CSR) to better understand the impact of their operations on society. However, recent empirical tests suggest CSR has an ambiguous impact on firm performance. To shed new light on this...
Persistent link: https://www.econbiz.de/10013474479
Over the past few decades, the rapid growth of mergers and acquisitions (M&As) has received interest from academics and practitioners. While M&As continue to be the subject of thorough investigation from a corporate governance standpoint, comparatively less effort has been made to organize and...
Persistent link: https://www.econbiz.de/10013471479
been addressed despite the importance of dividends for shareholders and the implications on the free cash-flow, whose … application may be a source of conflicts between managers and shareholders. In this paper, we study the influence of a set of … the importance of governance mechanisms toward the protection of shareholders’ interests, and reveal that the decisions on …
Persistent link: https://www.econbiz.de/10012322365
This paper investigates the role of institutional investors in the improvement of corporate governance for the companies in which they invest (investee companies) using evidence about the attributes of boards of directors across 15 countries. Furthermore, this paper examines the extent to which...
Persistent link: https://www.econbiz.de/10012520883
This study investigates the effect of corporate governance reforms protecting minority shareholders on the firm value …
Persistent link: https://www.econbiz.de/10012404169
The paper’s prime objective is to understand the impact of Shareholder activism on firm performance. This study is conducted in a unique setup where traditional activist investors such as pension funds and hedge funds are not present. However, the activism cases are increasing yearly in an...
Persistent link: https://www.econbiz.de/10013168731
This paper investigates the shareholder wealth impact of government investment in listed companies (and by extension, government subsidisation of those companies), using data from Malaysia. We distinguish two overlapping categories of government-related investors: those whose principal mission...
Persistent link: https://www.econbiz.de/10012627662
The purpose of this concept paper is to suggest a theoretical framework for understanding the post-privatisation performance of statutory bodies, subject to government shareholding. We identify a suitable model, from the analytical economics literature. We argue that this model is a...
Persistent link: https://www.econbiz.de/10013273495
primary mechanisms through which shareholders participate in corporate governance and "voice" their opinions to company … competition among U.S. banks induces more shareholders to vote against management proposals. …
Persistent link: https://www.econbiz.de/10013397736
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