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The most influential approach of corporate governance, the view of shareholders supremacy does not take into … aligned to shareholder interests by making the board more responsible to shareholders, and monitoring of top management by … exploitation by shareholders. Employees therefore refuse to make firmspecific investments. To gain a sustainable competitive …
Persistent link: https://www.econbiz.de/10005536948
This paper investigates the role of women as shareholders in joint stock companies, and how far they can be … which female shareholders could participate fully in the governance of joint stock companies. …
Persistent link: https://www.econbiz.de/10005483303
Purpose – The purpose of this paper is to examine the relationship between the extent of stock repurchase and measures of corporate governance. Design/methodology/approach – Using a sample of stock repurchase announcements by banks after the 2002 tax reform, the paper uses an event study...
Persistent link: https://www.econbiz.de/10004970232
The aim of this article is to analyze the scope and limits of media impact on corporate governance (CG) in India and how the mass media can be upgraded and incorporated in the ensuing CG reform agenda. Extant and premier literature on the impact of media on corporate governance is reviewed. The...
Persistent link: https://www.econbiz.de/10011139677
mitigating agency problems between managers and shareholders.We find that both the CEO's industry-adjusted monetary compensation …
Persistent link: https://www.econbiz.de/10011092291
Persistent link: https://www.econbiz.de/10011093260
В статье представлено исследование путей совершенствования российской практики корпоративного управления с учетом передового зарубежного и отечественного...
Persistent link: https://www.econbiz.de/10011231219
This paper investigates the effects of national culture on firm risk-taking, using a comprehensive dataset covering 50,000 firms in 400 industries in 51 countries. Risk-taking is found to be higher for domestic firms in countries with low uncertainty aversion, low tolerance for hierarchical...
Persistent link: https://www.econbiz.de/10011242211
directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders) and specifies the rules and … shareholders. All that has changed since 1989. This paper discusses the view on corporate governance in some transition economies …
Persistent link: https://www.econbiz.de/10010727621
shareholders and stakeholders. Only companies with a sustained employee ownership policy over a 5-year period (from 2001 to 2005 …), as defined by the French Federation of Employee and Former Employee Shareholders (FAS), have been considered. The results … indicate that employee share ownership plans have no effect on shareholders’ or stakeholders’ value creation. Copyright …
Persistent link: https://www.econbiz.de/10010868221