Narrow search
Showing 1 - 10 of 531
Cover Image
Ownership Structure and Firm Performance in Russia: The Case of Blue Chips of the Stock Market
Kuznetsov, Pavel; Muravyev, Alexander - Volkswirtschaftliche Fakultät, … - 2001
Based on panel data from 1995 – 1997, the paper focuses on the impact of ownership structure on the performance of Russian non-financial privatized companies that constitute the group of "blue chips" of the country's stock market. We find that ownership concentration results in higher...
Persistent link: https://www.econbiz.de/10008753071
Cover Image
The puzzle of dual class stock in Russia: Explaining the price differential between common and preferred shares
Muravyev, Alexander - Volkswirtschaftliche Fakultät, … - 2004
This paper attempts to explain a large premium paid on common (voting) shares relative to preferred (non-voting) shares in the Russian stock market. Empirical analysis focuses on two main explanations relating the premium either to the voting right attached to common shares or to differences in...
Persistent link: https://www.econbiz.de/10008776870
Cover Image
Agency cost, corporate governance and ownership structure: the case of Pakistan
Sajid, Gul; Muhammad, Sajid; Nasir, Razzaq; Farman, Afzal - Volkswirtschaftliche Fakultät, … - 2012
The article attempts to investigate the role of ownership structure and corporate governance in mitigating agency cost in a sample of 50 firms selected on the basis of market capitalization from “Karachi Stock Exchange” during the period 2003 to 2006. We used the proxy asset utilisation...
Persistent link: https://www.econbiz.de/10011260596
Cover Image
Ownership Structure and Corporate Control in Bulgaria
Tchipev, Plamen D - Volkswirtschaftliche Fakultät, … - 2001
The paper presents the actual ownership structure of public companies in Bulgaria on the basis of a survey of 104 of the companies traded on the Bulgarian Stock Exchange. It discusses as well the problems of disclosure of ownership information, focusing on the transposition of the EC Large...
Persistent link: https://www.econbiz.de/10011260600
Cover Image
Privatisation versus capital market: the corporate governance case of Bulgaria
Tchipev, Plamen D - Volkswirtschaftliche Fakultät, … - 2000
The paper presents some of the results of a survey of ownership sructure. The survey uses the classic tradition in the treatment of the problem,stating that the means for effective control on the management of the enterprise are determined by the scale and the distribution of the shareholders’...
Persistent link: https://www.econbiz.de/10009654240
Cover Image
Governance and performance of Tunisian banks
Trabelsi, Mohamed Ali - Volkswirtschaftliche Fakultät, … - 2009
Developing banking standards is an important process for a country’s financial and economic well being. Their importance incites governments to insure the stability and the good performance of their banking systems. Accordingly, several researchers pay a particular attention to banking...
Persistent link: https://www.econbiz.de/10008694021
Cover Image
Ownership Structure and Corporate Governance in the Case of Turkey
Ozsoz, Emre; Gurarda, Sevin; Ates, Abidin - Volkswirtschaftliche Fakultät, … - 2014
investment. By using corporate governance data on 22 publicly traded Turkish companies we estimate the determinants of corporate …
Persistent link: https://www.econbiz.de/10011111872
Cover Image
Corporate governance, market competition and investment decisions in Mexican manufacturing firms
Ruiz-Porras, Antonio; Lopez-Mateo, Celina - Volkswirtschaftliche Fakultät, … - 2011
We study how competition and corporate governance may explain investment decisions of Mexican manufacturing firms. We … census data. Our results suggest that investment is better explained by the Dominance Index, a Mexican measure of … ownership and control), and market competition may encourage investment decisions. Furthermore they suggest an inverse …
Persistent link: https://www.econbiz.de/10008804693
Cover Image
Корпоративные конфликты и политика фирм в области занятости и заработной платы
Muravyev, Alexander; Berezinets, Irina; Ilina, Yulia - Volkswirtschaftliche Fakultät, … - 2012
This article studies the link between corporate governance conflicts on the one hand, and employment and wage policies of companies on the other. We use data on publicly traded Russian companies with dual class stock (common and preferred shares), which allows us to use the concept of voting...
Persistent link: https://www.econbiz.de/10011259474
Cover Image
Corporate governance intitutions in Russia: import and mutation
Vernikov, Andrei - Volkswirtschaftliche Fakultät, … - 2009
This paper deals with the evolution of corporate governance institutions that were imported into Russia in the 1990s … in 1990s gave way to their embrace by company owners. Foreign investors and lenders can now find in Russia all the … governance’. We argue that in Russia imported institutions tend to mutate, i.e. to work differently than in the eco-nomic systems …
Persistent link: https://www.econbiz.de/10005042692