Showing 1 - 10 of 2,899
monitoring. We consider the case in which the large shareholder sits on (and controls) the supervisory board but not the …The paper analyzes the optimal structure of board of directors in a firm with ownership concentrated in the hands of a … large shareholder who sits on the board. We focus our attention on the choice between one-tier board who performs all tasks …
Persistent link: https://www.econbiz.de/10010312344
charge of project selection and the supervisory board is in charge of monitoring. We consider the case in which the large …The paper analyzes the optimal structure of the board of directors in a firm with a large shareholder sitting on the … board. In a one-tier structure the sole board performs all tasks, while in a two-tier structure the management board is in …
Persistent link: https://www.econbiz.de/10010261334
This paper analyses the turnover of board of directors members on a sample of companies listed on the Milan Stock … Exchange in the period 1988-1996. Our aim is to investigate if board members change more frequently when company performance is … poor, as the literature suggests, if this relationship is similar for C.E.O.s and other board members, and if and how the …
Persistent link: https://www.econbiz.de/10011608494
address this question, we analyze boards of directors' propensity to voluntarily adopt recommended corporate governance … practices. Because board independence is one way to enhance shareholders' ability to monitor management, we probe whether firms …' willingness to monitor their firms' agents, examining the relationship between board independence and the voluntary adoption of …
Persistent link: https://www.econbiz.de/10010290449
governance and the structure of Korean executive compensation is considerably different from elsewhere in the West, we find that … the nature of Chaebols in Korea and the current corporate governance reform efforts in Korea that are aimed mostly at …
Persistent link: https://www.econbiz.de/10010267324
minority shareholders engaging in board networking activities. The results shed light on the intersection of governance and … politicians delaying the strategic change of public enterprises when serving as board members, but empirical evidence of the … impact of board behavior on EO in public enterprises is lacking. We draw on stakeholder-agency theory (SAT) and resource …
Persistent link: https://www.econbiz.de/10014501574
Diskussion möglicher Optionen zur Verbesserung der Finanzsystemstabilität rückt zunehmend die Corporate Governance in Banken in … den Fokus. Der vorliegende Forschungsbericht widmet sich zwei bislang wenig untersuchten Aspekten der Corporate Governance …
Persistent link: https://www.econbiz.de/10011698354
_INDEPENDENCE and BOARD_SIZE. Hence, the global financial crisis has highlighted the need for effective corporate governance. Policy …This paper analyses the effect of corporate governance on value creation. It relies upon a dataset that includes the … composition of boards. In particular, four variables are analyzed: BOARD_SIZE, BOARD_INDEPENDENCE, BOARD_DILIGENCE (measured by …
Persistent link: https://www.econbiz.de/10012118414
The objective of this paper is to analyze the influence of board resource diversity on firm reputation. We classify … board members as business experts, support specialists, political directors and other community influentials, in an effort …
Persistent link: https://www.econbiz.de/10012118448
firms' corporate governance compliance. This indicates that monitoring from the board acts as an effective mechanism for …This study seeks to supply empirical evidence for how board characteristics influence corporate governance compliance … in the Indonesian banking industry. Corporate governance compliance level represents a company's actions to fulfill …
Persistent link: https://www.econbiz.de/10012620446