Showing 1 - 10 of 89
for dual class stock firms using the voting premium approach. Our empirical analysis is based on data from Russia and …
Persistent link: https://www.econbiz.de/10009416954
Based on panel data from 1995 – 1997, the paper focuses on the impact of ownership structure on the performance of Russian non-financial privatized companies that constitute the group of "blue chips" of the country's stock market. We find that ownership concentration results in higher...
Persistent link: https://www.econbiz.de/10008753071
sector of Russia. …
Persistent link: https://www.econbiz.de/10008753080
This article is one of the first surveys on the turnover of senior managers in privatized enterprises in Russia. Its … managerial turnover in the developed economies and draws attention to the specifics of the transition economy of Russia that … evidence on the managerial turnover in Russia indicates a low speed of this process, especially at the start of the transition …
Persistent link: https://www.econbiz.de/10008765626
This paper attempts to explain a large premium paid on common (voting) shares relative to preferred (non-voting) shares in the Russian stock market. Empirical analysis focuses on two main explanations relating the premium either to the voting right attached to common shares or to differences in...
Persistent link: https://www.econbiz.de/10008776870
This paper revisits the role of board size and composition in corporate governance, employing a measure of private benefits of control (PBC) as an indicator of governance problems in firms. We calculate PBC using the voting premium approach for a sample of dual class stock companies traded on...
Persistent link: https://www.econbiz.de/10010931485
traded companies in Russia. It takes advantage of a new and unique longitudinal dataset of virtually all Russian companies … Russia. Testing for structural breaks in the relationship between board composition and firm performance provides some …
Persistent link: https://www.econbiz.de/10011653164
for dual class stock firms using the voting premium approach. Our empirical analysis is based on data from Russia and …
Persistent link: https://www.econbiz.de/10010282260
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded on the national stock market between 1998 and 2014. Using multiple identification approaches, alternative...
Persistent link: https://www.econbiz.de/10012059087
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded on the national stock market between 1998 and 2014. Using multiple identification approaches, alternative...
Persistent link: https://www.econbiz.de/10012019226