Showing 1 - 10 of 1,050
Persistent link: https://www.econbiz.de/10011695703
Control and trust are recurring themes in the analysis of the management of International Joint Ventures (IJVs). Both … questionnaire survey among German and Chinese General Managers of German-Chinese Joint Ventures (GCJVs) in the People?s Republic of …
Persistent link: https://www.econbiz.de/10010296984
We test under what circumstances boards discipline managers and whether such interventions improve performance. We …
Persistent link: https://www.econbiz.de/10010272503
It is widely believed that the ideal board in corporations is composed almost entirely of independent (outside) directors. In contrast, this paper shows that some lack of board independence can be in the interest of shareholders. This follows because a lack of board independence serves as a...
Persistent link: https://www.econbiz.de/10010263315
As it is widely believed that the behaviour of large Japanese companies is different from that of their British counterparts, hypothesises that the directors in both countries may have different financial incentives. The research estimates the determinants of executive compensation, using the...
Persistent link: https://www.econbiz.de/10010377534
Der Beitrag fokussiert auf das wertorientierte Management und die daran anknüpfenden Kompensationsprogramme für Manager …. Unterstellt man dem Management ein den eigenen Nutzen maximierendes und möglicherweise opportunistisches Verhalten, so ist nicht … auszuschliessen, dass das Management die Ziele der Aktionäre nicht vollumfänglich verfolgt. Die Arbeit zeigt, dass die Wurzeln …
Persistent link: https://www.econbiz.de/10010315386
Persistent link: https://www.econbiz.de/10011295214
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Value Based Management (VBM) has become a common tool for ex ante and ex post evaluation of corporate strategies and … divestment decisions, ex post evaluation of management and their major strategic decisions, and bonus-systems. Traditional VBM … order for management to obtain better information for purposes of investment, divestment, and exposure management decisions …
Persistent link: https://www.econbiz.de/10010334924
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10010296282