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positive effect of ownership concentration on firm performance matters more in countries with weak investor protection and that … private domestic ownership leads to higher performance. …
Persistent link: https://www.econbiz.de/10011591071
Motivated by agency theory and arguments from linguistic studies, we argue in this paper the internationalization of a firm's audit committee to be associated with weaker firm-level corporate governance. Based on 2,015 publicly traded European firms from 16 countries over 2000-2018, we find the...
Persistent link: https://www.econbiz.de/10012319268
This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...
Persistent link: https://www.econbiz.de/10011343015