Showing 1 - 10 of 98
simple unifying model, and discussing the challenges and methodological issues with empirical research. …
Persistent link: https://www.econbiz.de/10011700396
simple unifying model, and discussing the challenges and methodological issues with empirical research …
Persistent link: https://www.econbiz.de/10012953533
characteristics of blockholders in United States corporations. Then we develop a simple unifying model to present theories of …
Persistent link: https://www.econbiz.de/10012903026
retain and which to sell. She sells low-quality firms first, thereby increasing price informativeness. In a voice model, the … investor's incentives to monitor are stronger since "cutting-and-running" is less profitable. In an exit model, the manager …
Persistent link: https://www.econbiz.de/10012937816
governance by extracting private benefits of control or pursuing objectives other than firm value maximization. I highlight the …
Persistent link: https://www.econbiz.de/10012938447
This paper studies the effect of stock liquidity on blockholder governance. Conditional upon acquiring a stake, liquidity reduces the likelihood that a blockholder governs through voice (intervention) – as shown by the greater propensity to file Schedule 13Gs (passive investment) than 13Ds...
Persistent link: https://www.econbiz.de/10012940410
simple unifying model, and discussing the challenges and methodological issues with empirical research …
Persistent link: https://www.econbiz.de/10012949331
simple unifying model, and discussing the challenges and methodological issues with empirical research. …
Persistent link: https://www.econbiz.de/10014023366
characteristics of blockholders in United States corporations. Then we develop a simple unifying model to present theories of …
Persistent link: https://www.econbiz.de/10014023374
simple unifying model, and discussing the challenges and methodological issues with empirical research. …
Persistent link: https://www.econbiz.de/10011744891