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between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment … of risk and risk exposures on the one hand and performance on the other. Properly designed, a risk measure should provide … information on to what extend the firm's performance is at risk, what is causing that risk, the relative importance of non …
Persistent link: https://www.econbiz.de/10003976023
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
the American corporate governance system increase the dismissal performance sensitivity faced by European CEOs, indirectly … firms hiring U.S. independent board members. Both influences are expected to result in increased dismissal performance … practice. However, no significant increase in dismissal performance sensitivity was identified from U.S. cross-listing. In line …
Persistent link: https://www.econbiz.de/10009721271
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