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-corporations; (vi) executive pay is inversely related to CEO ownership; (vii) executive pay is inversely related to financial risk; and … (viii) executive pay is related to a number of CEO characteristics, including age, education and gender: executive pay has a … quadratic relation with CEO age, a positive relation with educational, and is significantly lower for female executives. …
Persistent link: https://www.econbiz.de/10008614999
This essay analyses the relationship between corporate governance practices and Chief Executive Officer (CEO) wages … from a sample of Portuguese listed companies over the period from 2002-2011. The relationship between CEO total … compensation and shareholders return, firm characteristics, CEO characteristics, board of directors and shareholders …
Persistent link: https://www.econbiz.de/10011113777
The objective of this paper is to study the existing relations among ownership, corporate governance, and strategies of … Stock Exchange) in 2004. The study of property follows the concentration of ownership and control, family participation, and … independent samples. The following results were found: Firms with ownership and control concentration have boards with fewer …
Persistent link: https://www.econbiz.de/10005837323
This article analyses the cost of ownership in microfinance organizations. We specifically compare the ownership … SHFs. Based on an extension of Hansmann’s (1996) economic theory of ownership we propose that cost variables related to … ownership favor SHFs. We conclude that in severe imperfect markets, where most microfinance organizations operate, NPOs and …
Persistent link: https://www.econbiz.de/10005619689
benefits, and can these tradeoffs predict ownership type? To frame the comparison of NGOs and SHFs we make use of Schreiner … rejected. SHFs’ benefit in scale and scope seems not related to ownership, but to legal constraints impeding NGOs to mobilize … is higher in NGOs. We conclude that ownership doesn’t influence the performance of microfinance organizations. Our …
Persistent link: https://www.econbiz.de/10005787068
generality and development. Next the recommended typology procedure was offered. In conclusions the authors explained the limits …
Persistent link: https://www.econbiz.de/10011260060
The transition from apartheid to integrated development is a contradictory process characterised by negotiations between an intervention and a market-driven liberal approach. Regarding agriculture, it was expected that a highly efficient and economically viable market-directed farming sector...
Persistent link: https://www.econbiz.de/10008727896
Up to now there are some researches done in the field of giving a framework of implementation of corporate governance standards after corporate scandals, negative market manipulation during the post-crisis periods. This paper mainly concentrates on empirical research for findings in this field....
Persistent link: https://www.econbiz.de/10008776858
What do economists understand about the economy if they do not understand the profit phenomenon? Next to nothing. Therefore, the very first task in theoretical economics is to clarify the difference between profit and wage income and their respective determinants. It was Ricardo who tackled the...
Persistent link: https://www.econbiz.de/10011267893
A model of the economic system with the property rights distributed among several agents is considered. The effect of property rights allocation on the economic efficiency of the management strategies is studied.
Persistent link: https://www.econbiz.de/10011260579