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This study examines how globalization of corporate governance practices influence the risk of European CEOs being dismissed. We argue that the harsh monitoring of the American corporate governance system spills over to the rest of the world as a result of this globalization. We focus on direct...
Persistent link: https://www.econbiz.de/10010320346
Politikmaßnahmen betrachtet: 1) die Art der Entkopplung der Direktzahlungen im Rahmen der Fischler Reform, d.h. Regionalmodel …
Persistent link: https://www.econbiz.de/10010313050
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the...
Persistent link: https://www.econbiz.de/10010298692
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the...
Persistent link: https://www.econbiz.de/10010299073
The paper studies the link between the integration of European financial markets and corporate governance in Europe. The focus of the paper is on how integration affects the interplay of ownership structures, capital structures, and monitoring, all of which can be used to govern agency problems...
Persistent link: https://www.econbiz.de/10010301762
particularly strong negative impact on R&D. This confirms the hypothesis that incentive mechanisms lead managers to focus on more …
Persistent link: https://www.econbiz.de/10010317328
Persistent link: https://www.econbiz.de/10010301035
tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare … the results of our four tests before and after its introduction. Our results suggest that the policy reform seems to have …
Persistent link: https://www.econbiz.de/10010334119
After an extended process of reform the European Union has introduced direct payments to farmers which are decoupled …
Persistent link: https://www.econbiz.de/10010343378
Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...
Persistent link: https://www.econbiz.de/10010268671