Narrow search
Showing 1 - 10 of 1,883
Cover Image
The positive economics of corporatism and corporate governance
Fehn, Rainer; Meier, Carsten-Patrick - 2000
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Two politicoeconomic equilibria arise from our model, one with little protection of insiders on capital and labor markets, and another one with...
Persistent link: https://www.econbiz.de/10010265445
Cover Image
The positive economics of labor market rigidities and investor protection
Fehn, Rainer; Meier, Carsten-Patrick - 2001
This paper presents a positive model which shows that institutional setups on capital and labor markets might be intertwined by politicoeconomic forces. Some countries especially in continental Europe exhibit a corporatist politicoeconomic equilibrium with a sustantial protection of insiders on...
Persistent link: https://www.econbiz.de/10010316080
Cover Image
Japanese corporate finance: What factors affect the financial decisions of Japanese firms? A survey result
Yamori, Nobuyoshi - 2006
largest economic block in Japan, with 2041 companies responding. This article introduces the results of this questionnaire …
Persistent link: https://www.econbiz.de/10010332431
Cover Image
Complementarities in Corporate Governance - A Survey of the Literature with Special Emphasis on Japan
Heinrich, Ralph P. - 1999
The present paper uses a comparison of Japan and the US to argue that the debate about corporate governance reform is …
Persistent link: https://www.econbiz.de/10010274194
Cover Image
A Comparison of Corporate Governance and Tax Avoidance of UK and Japanese Firms
Salhi, Bassem; Al Jabr, Jabr; Jarboui, Anis - In: Comparative Economic Research. Central and Eastern Europe 23 (2020) 3, pp. 111-132
The present study was designed to determine the relationship between corporate governance and tax avoidance in an international setting. Financial and governance data sourced from the Datastream database for a sample of Japanese and UK firms between 2012 and 2017 are used. First, we examine the...
Persistent link: https://www.econbiz.de/10013204643
Cover Image
A japán vállalatirányítás (corporate governance) átalakulása
Ozsvald, Éva - 2013
reforms in Japan. A hybrid model of corporate governance has been emerging in which companies selectively combine the features …
Persistent link: https://www.econbiz.de/10010494542
Cover Image
Complementarities in Corporate Governance: Ownership Concentration, Capital Structure, Monitoring and Pecuniary Incentives
Heinrich, Ralph P. - 2000
The paper shows that, as owners accumulate larger stakes and hence become less risk-tolerant, their incentives to monitor management are attenuated because monitoring shifts some of the firm's risk from management to owners. This counterbalances the positive effect which more concentrated...
Persistent link: https://www.econbiz.de/10010260562
Cover Image
Legality and venture governance around the world
Cumming, Douglas; Schmidt, Daniel; Walz, Uwe - 2004
We analyze governance with a dataset on investments of venture capitalists in 3848 portfolio firms in 39 countries from North and South America, Europe and Asia spanning 1971-2003. We find that cross-country differences in Legality have a significant impact on the governance structure of...
Persistent link: https://www.econbiz.de/10010298260
Cover Image
Corporate governance and incentive contracts: historical evidence from a legal reform
Bayer, Christian; Burhop, Carsten - 2008
This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from the correlation of executive pay and firm performance. In particular, we refer to a major shift in the legal and institutional environment, the reform of the German joint-stock...
Persistent link: https://www.econbiz.de/10010264840
Cover Image
New development in the Japanese corporate governance in the 1990s – The role of corporate pension funds
Suto, Megumi - 2000
In recent years, there has been a slow but steady change in ownership structures and corporate governance in Japan. As …In den letzten Jahren ist in Japan ein allmählicher stetiger Wandel in Besitzverhältnissen, Unternehmensführung und … diesem Prozeß. In Japan fungieren Treuhandbanken und Lebensversicherer als Treuhänder der Pensionsfonds. Sie schenken dem …
Persistent link: https://www.econbiz.de/10010295612