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Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …
Persistent link: https://www.econbiz.de/10010959465
This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
Persistent link: https://www.econbiz.de/10005826048
public's interest in corporate governance issues. Academics have long argued that voting rights constitute a critical … component of a system of corporate governance. We provide evidence on the importance of one aspect of the firm's corporate … governance system, namely shareholders' voting rights, by examining the determinants of the decision to grant equity …
Persistent link: https://www.econbiz.de/10005574658
This study investigates the determinants of changes in corporate ownership and firm failure, taking into account different types of sellers and buyers of control blocks. For a large panel of German corporations we find that firms are more likely to fail or to be sold when performance is poor,...
Persistent link: https://www.econbiz.de/10005097846
In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the …
Persistent link: https://www.econbiz.de/10010861596
This paper aims to examine the effect of many ownership features on firm's disclosure quality using the theoretical framework of the agency theory, which states that investors information demand increases with agency costs of the firm. Public ownership increases agency costs and therefore should...
Persistent link: https://www.econbiz.de/10010905388
In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the …
Persistent link: https://www.econbiz.de/10005263497
This research is focused on the study of the influence of ownership structure on the underperformance of firms in the Paris Stock Exchange. Agency theory assumes that ownership structure of a firm influences its performance and this through two of its components:the capital concentration and the...
Persistent link: https://www.econbiz.de/10005263523
This paper examines the impact of corporate governance and ownership structure on voluntary disclosure practices of … corporate governance structure in 2001 and 2006 and with ownership structure in 1996, 2001 and 1996. The findings of this study …
Persistent link: https://www.econbiz.de/10010699261
This paper examines a combined set of corporate governance features that influence disclosure quality in a context of … ownership concentration. Agency theory presents a theoretical framework linking disclosure decision to corporate governance … plans, and the proportion of independent directors in the board. These findings shed the light on corporate governance …
Persistent link: https://www.econbiz.de/10008532571