Showing 1 - 10 of 305
This study is motivated by one of the most prevalent properties of modern corporations: separation of ownership and control. Ownership concentration has been one of the corporate governance mechanisms to solve the agency problem between shareholders and management. Existing literature is mainly...
Persistent link: https://www.econbiz.de/10009461307
trading risk, and liquidity risk, the arbitrage opportunity between the two markets would not be exploited promptly. This … determining asset prices, which makes us to empirically investigate the comovement effect, as well as liquidity risk. With regards … display significant impact on the ADRs’ price differentials. Secondly, we analyze the liquidity effect on the Chinese ADRs and …
Persistent link: https://www.econbiz.de/10009465988
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
In this paper we study the effect of quality of institutions in the OECD and Asian host countries on outward foreign direct investment (FDI) stocks of source OECD countries using International Country Risk Guide governance indicators, for the period 1991 to 2001. We find that better institutions...
Persistent link: https://www.econbiz.de/10009482209
Purpose - The purpose of this paper is to test whether dominant shareholder(s) of a firm enhance performance in Bangladesh and thus examines the arbitrary moves by the regulatory bodies, in the name of promoting 'good corporate governance', to restrict ownership...
Persistent link: https://www.econbiz.de/10009441589
This paper aims at assessing the relationship between ownership structure, performance and investmentactivity. In particular it studies how behavioural differences between farms related to ownership structureinfluence farms' investment activity and thus their further development potential...
Persistent link: https://www.econbiz.de/10009445141
Purpose – To test the hypothesis of increased specialisation during the 1980s in the aggregate pattern of intercorporate ownership in the Canadian economy.Design/methodology/approach – The network of ownership between enterprises and subsidiaries is characterised for the period 1976-1995...
Persistent link: https://www.econbiz.de/10009447211
This research has examined the personal capital investments and returns of a group of TAFE Diploma of Community Work … program. Through the conceptual framework, the research established a set of predetermined personal capital investments and … investments and returns. Consequently, the qualitative analysis of the in-depth interviews has revealed a broader range of themes …
Persistent link: https://www.econbiz.de/10009437850
This paper examines the relationship of stock return patterns on the Bombay Stock Exchange (BSE) with those of the New York Stock Exchange (NYSE). It also examines investment opportunities for international investors. The data include daily closing values of the BSE and SSP 500 Indexes for the...
Persistent link: https://www.econbiz.de/10009441629
ENGLISH ABSTRACT: Several studies have shown that abnormal returns can be generated simply by buying past winning stocks and selling past losing stocks. Being able to predict future price behaviour by past price movements represents a direct challenge to the Efficient Market Hypothesis, a...
Persistent link: https://www.econbiz.de/10009442043