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The objective of this paper is to present the transformations of corporate governance in Asia\r\nsince the crisis of 1997. The analysis deals with 14 Asian countries during the period of 1997-\r\n2006. The important changes include the development of stocks markets, the new role of\r\nbanks and...
Persistent link: https://www.econbiz.de/10009364351
the US, ownership in Canada is concentrated in the hands of large shareholders which often are also managers of the firm … ownership only in the case where large shareholders are also managers. …
Persistent link: https://www.econbiz.de/10005111097
(VF)Afin d’apporter un nouvel éclairage aux études antérieures sur l’absence de réaction boursière à l’annonce publique d’un activisme actionnarial, cet article cherche à déterminer les aménagements organisationnels entrepris pour réduire la visibilité de la cause...
Persistent link: https://www.econbiz.de/10005111155
La lecture des rapports annuels 1998 et 1999 des sociétés du CAC 40, guidée par un dictionnaire des thèmes en rapport avec le gouvernement d’entreprise et la création de valeur, montre l’évolution considérable de la communication financière. Cinq catégories de sociétés supportant...
Persistent link: https://www.econbiz.de/10008532590
ownership structure and the board of directors on managers. The confrontation of entrenchment theory and agency theory allows to …
Persistent link: https://www.econbiz.de/10009002003
Persistent link: https://www.econbiz.de/10009580272
governance mechanism by disciplining managers' investment decisions. In the two years following an M&A lawsuit (a lawsuit where … reactions are stronger among firms with fewer anti-takeover provisions. Overall, our results show that M&A lawsuits can have an …
Persistent link: https://www.econbiz.de/10010501385
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