Narrow search
Showing 1 - 10 of 23,383
Cover Image
Israel; Detailed Assessment of IOSCO Objectives and Principles of Securities Regulation
International Monetary Fund (IMF); International … - 2012
Israel’s compliance with International Organization of Securities Commissions’ objectives and Principles of Securities Regulation has been assessed. The regulatory regime is well developed and in most respects is comparable with that of major jurisdictions. For the most part, it is...
Persistent link: https://www.econbiz.de/10011242660
Cover Image
The costs of shareholder activism: Evidence from a sequential decision model
Gantchev, Nickolay - In: Journal of Financial Economics 107 (2013) 3, pp. 610-631
This paper provides benchmarks for monitoring costs and evaluates the net returns to shareholder activism. I model … the estimated monitoring costs reduce activist returns by more than two-thirds. The mean net activist return is close to …
Persistent link: https://www.econbiz.de/10010635953
Cover Image
People’s Republic of China; Detailed Assessment Report: IOSCO Objectives and Principles of Securities Regulation
International Monetary Fund (IMF); International … - 2012
semigovernment authorities. The China Securities Regulatory Commission has the ability to share public and nonpublic information with …
Persistent link: https://www.econbiz.de/10011242961
Cover Image
Corporate ownership structure and its impacts on firms' innovation level: Tunisian cases
Chouaibi, Jamel - In: International Journal of Accounting, Auditing and … 9 (2013) 1, pp. 58-74
this research is based on the major contributions provided by a cognitive approach of corporate governance. Noteworthy …
Persistent link: https://www.econbiz.de/10010670418
Cover Image
Spain; The Reform of Spanish Savings Banks Technical Notes
International Monetary Fund (IMF); International … - 2012
This technical note assesses the reform of Spanish savings banks (SSBs). It provides a brief overview of the SSB institutional framework before the reform, and describes the main factors that led to the financial distress, albeit uneven, of the SSB sector. The note outlines major regulatory and...
Persistent link: https://www.econbiz.de/10011244106
Cover Image
The effect of monitoring on CEO pay practices in a matching equilibrium
Chaigneau, Pierre; Sahuguet, Nicolas - London School of Economics (LSE) - 2013
We present a model of efficient contracting with endogenous matching and limited monitoring in which firms compete for … CEOs. The model explains the association between limited monitoring and CEO pay practices such as pay-for-luck, high … matching equilibrium: firms with different capacities for monitoring hire different types of CEOs and offer different …
Persistent link: https://www.econbiz.de/10010746551
Cover Image
Institutionelle Investoren und corporate governance : eine empirische Analyse
Steiger, Max - 1998
Persistent link: https://www.econbiz.de/10004367762
Cover Image
CEO pay cuts and forced turnover: Their causes and consequences
Gao, Huasheng; Harford, Jarrad; Li, Kai - In: Journal of Corporate Finance 18 (2012) 2, pp. 291-310
We study large discrete decreases in CEO pay and compare them to CEO forced turnover. The determinants are similar, as are the performance improvements after the action. After the pay cut, the CEO pay-for-performance sensitivity is abnormally high, such that the CEO can restore his pay level by...
Persistent link: https://www.econbiz.de/10010574254
Cover Image
CORPORATE GOVERNANCE: CHALLENGES FOR LATIN AMERICA
LEFORT, FERNANDO; WALKER, EDUARDO - In: Abante 2 (2000) 2, pp. 99-111
Corporate Governance relates to mechanisms through which providers of resources to the firm get their share of … resources in return. Adequate governance practices help develop capital markets and assist market forces in attaining efficient …, growth and productivity. Our motivation for studying the corporate governance challenges faced by Latin America partly arises …
Persistent link: https://www.econbiz.de/10005813742
Cover Image
The impact of dominant ownership: the case of Anglo-American firms
Muller-Kahle, Maureen - In: Journal of Management and Governance 19 (2015) 1, pp. 71-89
Ownership has been identified as a key mechanism in corporate governance. Agency theory suggests that high levels of … has the inclination to engage in firm monitoring. Copyright Springer Science+Business Media New York 2015 …
Persistent link: https://www.econbiz.de/10011155164