, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its …This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation … various mechanisms, as well as an overview of the determinants of corporate governance. …

use leverage as an additional complementary governance instrument. The paper offers new explanations for several empirical …

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 … that companies with weak shareholder rights pay dividends less generously than do firms with high corporate governance …

We consider the regulation of national firms in a common market. Regulators can influence the production of national …

development. The second part of the paper seeks to identify the determinants of financial development based on Diamond's theory of … financial intermediation as delegated monitoring. The analysis shows that the quality of corporate governance of banks is the … succeed if they strengthen the corporate governance of financial institutions. In this area, financial institution building …

approaches on the theory of the firm and discuss implications for governance, namely; nexus of contracts / agency theory …In this paper, we provide an outlook for further research on the topic of governance. We review four different …

monitoring is costly governance is imperfect. If managerial hedging is detected, shareholders can seize the payoffs of the …