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-Suh Park, How Corporate Governance Affects Firm Value: Evidence on Channels from Korea (working paper 2011), lt;a href … and Woochan Kim, Does Corporate Governance Affect Firms' Market Values? Evidence from Korea,: 22 Journal of Law, Economics … Korea, 12 Journal of Corporate Finance 660-691 (2006), nearly final version at lt;a href …
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With the removal of statute-based anti-takeover provisions during the aftermath of Asian crisis, a significant number of Korean firms started to introduce charter-based measures. In this paper, we make use of this unique situation where firm-level anti-takeover provisions (ATP) vary over time...
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