Showing 1 - 10 of 2,189
This is an empirical study that examines the underpricing and aftermarket long-term performance of IPOs in China and IPO underpricing. Corporate governance aspects that may play a role in IPOs, such as ownership structure and external directors, are studied.The study show that firms with higher...
Persistent link: https://www.econbiz.de/10013156611
I examine shareholder wealth effects associated with different types of government investors in an international sample …. I develop a taxonomy to identify government political, financial, and industrial arms. State investments, similar in … participants differentiate among government entities as target shareholders lose over USD 14 billion, when the investment is …
Persistent link: https://www.econbiz.de/10012925289
The purpose of this study is to investigate the potential effects of corporate governance (CG) elements on corporate social responsibility (CSR) disclosure. The annual reports of companies for the year 2007-2011 are examined to analyze the relationship between CG and CSR reporting. It considers...
Persistent link: https://www.econbiz.de/10011408908
This paper offers an investigation at a micro-level of entrepreneurship in the business environment. More precisely, we conduct an empirical study of the relationship between corporate entrepreneurship and corporate governance in the case of the Romanian non-financial listed companies. We use...
Persistent link: https://www.econbiz.de/10011819884
Saudi Arabia has now opened its markets to foreign investors in line with its strategy to diversify its economy. However, investors need to feel confident that Saudi enterprises are being monitored and regulated appropriately. This study identifies the impact of improvements in Saudi corporate...
Persistent link: https://www.econbiz.de/10013500675
Background: Fraud risk assessment as a control mechanism is becoming necessary due to continuous and never-ending fraudulent activities. Frauds arise regardless of the existence of codes for corporate governance and available control activities such as those of internal and external audit units....
Persistent link: https://www.econbiz.de/10012215631
This study examines the relationship between institutional investors, corporate governance, and firm performance in Vietnam. The findings on Vietnamese listed companies indicate that while institutional investors are less likely to hold shares of companies with larger board sizes, Chief...
Persistent link: https://www.econbiz.de/10014500466
practices across firms and over time, and presence of a large and exogenously created (during the process of privatization …
Persistent link: https://www.econbiz.de/10009524994
This paper investigates the wealth effects of private equity (PE) investor purchases of shares in German quoted companies. It is the first study to analyze these effects for the German market which is particularly interesting due to its distinct characteristics with regard to the ownership...
Persistent link: https://www.econbiz.de/10003749625
This study examines the impact of the quality of corporate governance, as measured by a specially constructed corporate governance index, on the expected cost of equity calculated using the capital asset pricing model (CAPM) approach. A total of 114 listed companies were investigated to analyze...
Persistent link: https://www.econbiz.de/10013132002