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While in the study of Corporate Governance we can avail ourselves of the incremental cash-flow model (ICFM), the analysis of Public Governance has been falling behind with this issue. The paper sets forth an innovative linkage between both fields of learning and practice, by means of a suitable...
Persistent link: https://www.econbiz.de/10010323096
In this paper we contribute to the literature on the structure of interlocking directorship networks and to the literature on the relationship between corporate governance and performance. We use a unique dataset made of corporate governance variables related to the board size and interlocking...
Persistent link: https://www.econbiz.de/10010274726
Although it is widely acknowledged that the benefits of corporate governance reform could be substantial, systematic … evidence on such reforms is scant. We both document and evaluate a contemporary corporate governance reform by constructing 18 … protection has been strengthened whereas creditor protection has been weakened. We also demonstrate how the reform is consistent …
Persistent link: https://www.econbiz.de/10010285197
Lowland Rainforest Transformation Systems in Sumatra,Indonesia. The paper presents the common sampling frame of the socio …
Persistent link: https://www.econbiz.de/10011319099
Der Trend zur organisatorischen Verselbstständigung kommunaler Dienstleistungen schreitet unaufhörlich fort. Dies ist eine Entwicklung, die nicht nur von Großstädten vorangetrieben wird. Auch die kleineren und mittleren Gemeinden und Städte sowie Landkreise erbringen ihre kommunalen...
Persistent link: https://www.econbiz.de/10011315096
This paper argues that the semantics of governance illustrates connections and provides a unifying view from which to understand much better its natural branches: corporate, public and global governance. In this regard, governance is presented from the point of view of a distinctive field of...
Persistent link: https://www.econbiz.de/10010323064
The attention for the governance of financial sector supervisors is of a recent date. The debate has risen to the fore as part of the wider discussion about the appropriate institutional organization of financial supervision and the drive for compliance with international best practices in the...
Persistent link: https://www.econbiz.de/10011689931
This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from … institutional environment, the reform of the German joint-stock companies act in 1884. We analyze a sample of executive pay for 46 … firms for the years 1870 to 1911. In 1884, a law reform substantially enhanced corporate control, strengthened the …
Persistent link: https://www.econbiz.de/10010264840
Es gibt einen breiten Konsensus darüber, dass japanische "Governance" während der Phase des Hochwachstums auf einem eng verflochtenen System von "Stakeholder"-Beziehungen beruhte, das heute wegen der stark zugenommenen Komplexität der entwickelten japanischen Gesellschaft als überholt gelten...
Persistent link: https://www.econbiz.de/10010377556
, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …
Persistent link: https://www.econbiz.de/10010282468