Outlines the special characteristics of preferred shares in Germany, notes that ordinary shares are valued at substantially higher figures and presents a study of the pricing of both types for 58 German companies 1990‐1993. Refers to previous research to develop hypotheses on reasons for the...

Summarizes the reasons for and methods of regulation in worldwide capital markets; and describes in detail the development, governance and regulatory structure of the Warsaw stock exchange (Poland). Uses a variance ratio approach based on Lo and MacKinlay (1988, 1989) to examine price behaviour...

Purpose – The purpose of this paper is to present evidence on the effects that different ownership's structures of Greek listed firms exercise on the relation between investment and liquidity constraints. Design/methodology/approach – Corporate governance in Greece is primarily based on the...

Purpose -The purpose of this study is to examine dividend policies in an emerging capital market, in a country undergoing a transitional period. Design/methodology/approach -Using pooled cross-sectional observations from the top 50 listed Egyptian firms between 2003 and 2005, this study examines...

Purpose -This paper seeks to investigate some current issues of ownership structure and corporate governance in China. Design/methodology/approach - The methodology is a review, analysing issues of ownership structure and reviewing problems in corporate governance, followed by some suggestions...

Defines corporate governance, describes the special characteristics of Belgian companies and presents a study of the disciplining of bad management in 165 companies listed on the Brussels stock exchange 1989‐1996. Finds that poor share price performance is generally linked to a higher turnover...

Purpose – This paper seeks to investigate some current issues of ownership structure and corporate governance in China. Design/methodology/approach – The methodology is a review, analysing issues of ownership structure and reviewing problems in corporate governance, followed by some...

Purpose – The purpose of this study is to examine dividend policies in an emerging capital market, in a country undergoing a transitional period. Design/methodology/approach – Using pooled cross‐sectional observations from the top 50 listed Egyptian firms between 2003 and 2005, this study...

Purpose – The purpose of this paper is to present evidence on the effects that different ownership's structures of Greek listed firms exercise on the relation between investment and liquidity constraints. Design/methodology/approach – Corporate governance in Greece is primarily based on the...

Purpose – The purpose of this paper is to investigate the impact of dividend initiations on shareholders’ wealth using a sample of 38 Greek listed firms. Design/methodology/approach – The event study methodology of Brown and Warner was employed to examine the share price reaction to...