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This study investigates independent non-executive directors’ remuneration from an agency theory perspective, taking …-executive directors’ year observations in Italian and UK non-financial firms listed in the period 2007–2009, we find that in both … countries independent non-executive directors’ remuneration is mainly based on the observable effort they exert and their …
Persistent link: https://www.econbiz.de/10011193859
Persistent link: https://www.econbiz.de/10004998677
-way panel regression analysis with fixed and random effects, our empirical study covers hand-collected data on 35 German and UK … economic development affect variations in stock prices. The analysis also highlights differences between the market-based UK … corporate governance system and the control-based regime implemented in Germany, with the UK exhibiting a higher level of risk …
Persistent link: https://www.econbiz.de/10010668776
firms in the US and UK, findings show that firm performance is negatively influenced by CEO dominant owners. Furthermore …
Persistent link: https://www.econbiz.de/10011155164
the impact of board structure on firm value in large US and UK firms using the lenses of agency and resource dependence … theories. Design/methodology/approach -Using a sample of firms in the USA and the UK from 2000 to 2007, the paper conducts a … busyness on firm value between UK and US firms. Specifically, the paper finds that board independence, board size, and board …
Persistent link: https://www.econbiz.de/10010795386
We simultaneously analyze two mechanisms of the managerial labor market: CEO turnover and monetary remuneration schemes …-year pre-Cadbury period show that managerial remuneration and the termination of labor contracts play an important role in … 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
The objective of this study is to examine transparency and disclosure (henceforth T&D) determinants for Middle Eastern and North African (MENA) companies. Using a sample of 216 annual reports for companies followed by S&P/IFC and pertaining to 13 MENA emerging markets, we expect that the...
Persistent link: https://www.econbiz.de/10009352515
Mortgage is considered a major determinant factor not only to the UK, but western economies as well. Therefore, we … thought it fit to conduct an empirical study on Islamic mortgage in UK. In this paper we attempt to study and elaborate … principles behind overall Islamic banking system whereas the main focus is remain with Role of Islamic mortgage in UK. This paper …
Persistent link: https://www.econbiz.de/10010816804
for UK financial services regulation. The FSA has developed detailed general corporate governance arrangements applicable …
Persistent link: https://www.econbiz.de/10010670291
of derivatives and other financial instruments in corporate annual reports of UK firms following the introduction of …
Persistent link: https://www.econbiz.de/10008538710