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presented. The major institutions of the German system and theirfunctioning are described and explained. Since Germany has a …
Persistent link: https://www.econbiz.de/10005867786
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...
Persistent link: https://www.econbiz.de/10005867790
Persistent link: https://www.econbiz.de/10005844842
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.(...)
Persistent link: https://www.econbiz.de/10005846604
I provide empirical evidence that badly governed firms respond more to aggregate shocks than do well governed firms.(...)
Persistent link: https://www.econbiz.de/10005846607
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...
Persistent link: https://www.econbiz.de/10005868253
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...
Persistent link: https://www.econbiz.de/10005868254
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...
Persistent link: https://www.econbiz.de/10005840358
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...
Persistent link: https://www.econbiz.de/10005840364
In a series of recent papers, Mark Roe and Lucian Bebchuk have developed further the concept of path dependence, combined it with concepts of evolution and used it to challenge the wide-spread view that the corporate governance systems of the major advanced economies are likely to converge...
Persistent link: https://www.econbiz.de/10005840373