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corporate governance literature usually associates lower voting premia with stronger protection of minority shareholders, we …
Persistent link: https://www.econbiz.de/10011405286
-stringent governance requirements of the Law on SOEs was detected, the group of federal SOEs, which adopted the IG-SEST monitoring …, and fulfilling social objectives. Yet, SOEs face unique governance challenges as agency conflicts usually increase with … accountability and a complementary monitoring mechanism known as IG-SEST. Using the difference-in-differences methodology, we assess …
Persistent link: https://www.econbiz.de/10015054007
This paper documents recent structural changes in China's corporate landscape, based on company level data, providing a … complementary perspective to that of official Chinese statistics. We classify China's largest companies by revenue since 2004 (based …
Persistent link: https://www.econbiz.de/10013184745
The ownership nationality of large US multinational companies plays an implicit but important role in the current debate over how such companies should be taxed. This paper identifies that role and investigates what is actually known about where these companies’ shareholders reside
Persistent link: https://www.econbiz.de/10011387732
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minor improvement in corporate governance. -- Dual class shares ; corporate governance …
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This paper presents a simple model for dual-class stock shares, in which common shareholders receive both public and private cash flows (i.e. dividends and any private benefit of holding voting rights) and preferred shareholders only receive public cash flows (i.e. dividends). The dual-class...
Persistent link: https://www.econbiz.de/10011523988
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