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the determinants of telecommunications investments and presents two possible solutions to the investment problem. The …
Persistent link: https://www.econbiz.de/10009451158
Why does the firm look the way it does? Why does it have the structures it has? In particular, what is the function of the board of directors? Many papers have tried, and failed, to link the board's structure to the performance of the firm. Might the board have an alternative rationale for...
Persistent link: https://www.econbiz.de/10009429492
particular it studies how behavioural differences between farms related to ownership structureinfluence farms' investment … corporate farms over 7 years, 1997-2003, usingstructural model of three equations including investment accelerator model. This …)returns on capital as proxy for quality of financial management, (c) investment activity, and (d)investment sensitivity to …
Persistent link: https://www.econbiz.de/10009445141
The first chapter of this dissertation examines the returns to frequent acquirers fromemerging markets and analyzes the cross-country variations in cumulative abnormal returns.The sample consists of 5,147 transactions carried out by firms from 17 common and civil-lawcountries during the period...
Persistent link: https://www.econbiz.de/10009468620
determines which type of managers (manager-owner or manager-professional) manages to drive company’s value more. During research …
Persistent link: https://www.econbiz.de/10009478387
The first chapter of this dissertation examines the returns to frequent acquirers from emerging markets and analyzes the cross-country variations in cumulative abnormal returns. The sample consists of 5,147 transactions carried out by firms from 17 common and civil-law countries during the...
Persistent link: https://www.econbiz.de/10009451096
The main goal of this dissertation was to obtain an understanding as to the true economic nature of employee share options and the problems surrounding the accounting thereof.The main conclusion of this study is that employee share options should be expensed in the income statement as and when...
Persistent link: https://www.econbiz.de/10009457849
This study provides preliminary support for the notion that internal audit function assists in reducing external audit effort and fees. Data on internal audit characteristics and activities are obtained from survey respondents of Hong Kong companies and audit fee model data are acquired from...
Persistent link: https://www.econbiz.de/10009483463
This study tests the assertion that membership growth in credit unions is constrained by their unique structural features, such as their non-profit mission and member-based ownership. Although these features enhance inclusiveness, existing theory suggest that they work against efficiency when...
Persistent link: https://www.econbiz.de/10009429048
This dissertation is composed of two distinct chapters. The first chapter is concerned with the secular trends in corporate cash holdings and the determinants of the changing cash policies for seven industrialized countries--Australia, Canada, France, Germany, Japan, the US, and UK. In the first...
Persistent link: https://www.econbiz.de/10009431815