Showing 1 - 10 of 431
researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … shareholders and performance, a phenomenon which might be explained in terms of private appropriation of benefits. …
Persistent link: https://www.econbiz.de/10008694021
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
shareholders stakes’ exceeds more than 50%. That provides incentives and opportunities for violation of the rights of minority … shareholders, though this is far not the only reason. This is an earlier version of a paper published later as an article in …
Persistent link: https://www.econbiz.de/10011260600
. There is evidence that ownership by Russian non-state shareholders negatively affects firm value suggesting that this group …
Persistent link: https://www.econbiz.de/10008753071
Turkey is one of the eight countries that currently have a corporate governance index for firms listed on its main stock exchange (Borsa Istanbul). As in the case of many emerging markets, the country’s business landscape is characterized by family owned conglomerates some of which have...
Persistent link: https://www.econbiz.de/10011111872
scale and the distribution of the shareholders’ participation in its capital. Later on this was used as a basis for the … or group of shareholders in the capital of a company, the correlation between the capital in the hands of the biggest … (the leading) shareholder and the others, and finally the general structure of shareholders’ participation are drawn. All …
Persistent link: https://www.econbiz.de/10009654240
, non-voting shareholders may be expropriated as a class by voting shareholders. Case studies and regression analysis of RTS … argument. The study finds no evidence that the premium is related to expropriation of preferred shareholders as a class. …
Persistent link: https://www.econbiz.de/10008776870
protecting minority shareholders from expropriation by controlling shareholders. Using data from publicly traded Chinese firms …, Johnson and Shleifer (2001) that securities-market regulation can create substantial value for minority shareholders in a …
Persistent link: https://www.econbiz.de/10011260290
analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for … particular, the Basel III leverage ratios in jurisdictions such as China. Ultimately the paper also aims to investigate whether …
Persistent link: https://www.econbiz.de/10011107937
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … research phenomena in other countries indicating that by percentage there is degradation of company which is pay dividend and …
Persistent link: https://www.econbiz.de/10008685512