Showing 1 - 10 of 134
This study examines the relation between corporate governance practices measured by Transparency Disclosure Index (TDI) and dividend policy in Poland. Our empirical approach, constructs measures of the quality of the corporate governance for 110 non-financial companies listed on Warsaw Stock...
Persistent link: https://www.econbiz.de/10010264957
Recent years have witnessed increasing state involvement in the Russian enterprise sector, which has been met with contradictory reactions from investors. In the current article, we discuss the development of privatisation and corporate governance in Russia in comparison to other CIS. We provide...
Persistent link: https://www.econbiz.de/10010322892
The paper evaluates the feasibility of employing mainstream models of corporate governance in the context of transition economies, using Russia as an example. The issue of corporate governance is considered as an element of an institutional crisis characteristic of post-communist countries. It...
Persistent link: https://www.econbiz.de/10010329660
The purpose of this study is to analyse the influence of corporate governance on the financial structure of listed firms. The analysis is founded on the capital structure and agency theories. Corporate governance literature indicates the existence of nonlinear relationships, and hence this...
Persistent link: https://www.econbiz.de/10010368665
This study aims to identify the effect of the quality of corporate governance practices on the configurations and values of executive compensation. According to agency theory, good corporate governance practices contribute to reducing information asymmetries between shareholders and managers...
Persistent link: https://www.econbiz.de/10011999495
The main aim of this paper is to examine the determinants that contribute to the establishment of a risk management committee (RMC) in a firm. Unlike previous studies, this paper investigates the types of ownership structure, comprising family, institutional, government, managerial, and foreign...
Persistent link: https://www.econbiz.de/10014527360
While various board governance mechanisms, such as board independence, expertise, diversity, and committee structures, play a crucial role in overseeing and guiding bank operations, the extent of their impact on liquidity creation as the preeminent function of the GCC banking sector remains...
Persistent link: https://www.econbiz.de/10014527737
Since 1992, Ghana has implemented several initiatives and reforms such as the National Anti-Corruption Plan (NACAP), Right to Information (RTI) Act, Economic and Organized Crime Office (EOCO), and the Office of the Special Prosecutor (OSP) with the goal of improving accountability while reducing...
Persistent link: https://www.econbiz.de/10014527761
Debt-financing potentially causes frictions in firms, as the creditors represent an additional group of stakeholders creating conflicts of interest with other stakeholders. This raises the question how corporate performance is affected by the presence of creditors. Could it be in the firms'...
Persistent link: https://www.econbiz.de/10014528989
We examine the impact of corporate risk-taking on firm-level real earnings management. We find that firms with higher risk-taking engage in higher real earnings management. Our results are robust to a series of robustness tests, including simultaneous least squares approach, firm fixed effect,...
Persistent link: https://www.econbiz.de/10013200378