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This thesis employs data from 34,222 firms in 47 countries from 1987 to 2009, which corresponds to 248,156 firm year observations. Inspired by recent stock price crash risk studies, this thesis differentiates stock price crash risk from traditional stock price risk in explaining capital...
Persistent link: https://www.econbiz.de/10009484205
Den Aufsichtsräten innerhalb des deutschen Corporate Governance Systems ist in den letzten Jahren erhöhte Aufmerksamkeit zugekommen. Es wurden Empfehlungen und gesetzliche Vorschriften formuliert, die die Zusammensetzung des Aufsichtsratsgremiums sowie dessen Tätigkeiten betreffen. Diesem...
Persistent link: https://www.econbiz.de/10009475315
The first part of this thesis analyzes and quantifies the magnitude of executive remuneration disclosure of the world’s 245 largest exchange-listed banks, using annual reports as the primary source of information, and the diverse disclosure rules in the 31 countries in which these banks are...
Persistent link: https://www.econbiz.de/10009451182
Ausgangspunkt der vorliegenden Arbeit ist die Feststellung, dass sich die ?konomische Theorie trotz der mehr als 160j?hrigen Geschichte gewerbsm??iger medialer Berichterstattung ?ber das Geschehen rund um M?rkte und Unternehmen lange Zeit kaum mit den Massenmedien besch?ftigt hat. Dabei kann...
Persistent link: https://www.econbiz.de/10009481006
Introduction to the theory of international trade and finance with applications to current policy issues. From the ….e. international trade, and what determines the flow of savings and investments from one country to another, i.e. international finance …
Persistent link: https://www.econbiz.de/10009432089
and immediately following formal adoption of the Australian equivalents to the International Financial Reporting Standards …
Persistent link: https://www.econbiz.de/10009435006
Boards of directors are thought to provide access to a wealth of knowledge and resources for the companies they serve, and are considered important to corporate governance. Under the Resource Based View (RBV) of the firm (Wernerfelt, 1984) boards are viewed as a strategic resource available to...
Persistent link: https://www.econbiz.de/10009437975
-controlling institutional ownership and earnings management is insignificant in most situations. Lastly, firms audited by the international Big4 … exposed to the scrutiny of international investors and Hong Kong regulators. This in turn reduces their chances of conducting …, regulators, academic, and international investors who have investment interests in a transitional country. The findings of this …
Persistent link: https://www.econbiz.de/10009438004
Using data from 2004 to 2008, we find that an audit committee is an important monitoring mechanism as audit committee independence, expertise and size are associated with reduced levels of abnormal accruals, our measure of earnings management. This study also attempts to discern when the...
Persistent link: https://www.econbiz.de/10009438215
The objective of this thesis is to investigate the corporate governance attributes of smaller listed Australian firms. This study is motivated by evidence that these firms are associated with more regulatory concerns, the introduction of ASX Corporate Governance Recommendations in 2004, and a...
Persistent link: https://www.econbiz.de/10009438296