Corporate governance is not universal. Due to external and internalfactors, corporate governance can differ from country to country. In this paper theGerman corporate governance system, the typical example of a two-tier boardsystem, is presented. The major institutions of the German system and...

Internationale Aktivitäten sind für die meisten deutschen Unternehmenselbstverständlich. Um zu prüfen, ob sich die Internationalität von Unternehmenauch in der Internationalität ihrer Corporate-Governance-Organe widerspiegelt,werden in der vorliegenden Studie die Vorstände und...

Mit Corporate Governance behandelt die vorliegende Arbeit die Entwicklung der Führung und Organisation von Unternehmen in der Gesellschaft verbunden mit der Rolle und Aufgabenverteilung der Unternehmensbeteiligten.

While previous empirical literature has examined the effect of founder-CEOs on firm performance, it has largely ignored the effect of firm performance on founder-CEO status.(...)

I provide empirical evidence that badly governed firms respond more to aggregate shocks than do well governed firms.(...)

This paper uses firm-level data on 162 large Hungarian enterprises to analyse the relationship betweenownership structure and corporate performance in 1998 and 1999. Cross-sectional regressions are runfor each of these years using the return on assets (ROA) as the measure of performance. Both...

The paper presents early results of the survey of 84 Polish privatised industrial companies, sampled from a list of the 500 biggest firms. Three aspects of corporate governance were analysed: ownership structure, management of the companies, and supervision structures. An attempt was made to...

This paper discusses whether, in which respects, and to what extent the corporate governancesystems of Germany, the United Kingdom and France have already converged in the course ofEuropean economic integration, or are likely to converge in the foreseeable future. Wepresent, and attempt to...

This paper presents some consequences of economic theory for the regulation of corporate accounting and disclosure under Geman accounting legislation (de lege lata) and in an international context. The following implications are discussed: (i) It is argued that the economic income conception...