Showing 51 - 60 of 7,267
Past research shows that the outcomes of acquisitions of private firms are better than those of public firms. This finding is commonly explained by the price discount due to illiquidity and the higher information risk involved in acquiring private firms. Existing studies do not separate the two...
Persistent link: https://www.econbiz.de/10014353593
This article investigates the co-relationship of operating performance with implementation of ERP system in listed … companies. The descriptive statistics reveals that the operating performance of ERP companies in 2003, that ROS, ROI, ROE and … ROA regarded as companies' operating performance index are significantly higher than those of non-ERP companies …
Persistent link: https://www.econbiz.de/10012759905
This paper analyses the performance consequences of board structure changes in Ghana for the study period 2000 to 2009 … firm performance. The results show that duality decreases firm performance pre-2003, but those firms that separate the two …-2003. While we find no relationship between board committees and firm performance pre-2003, the relationship switched to …
Persistent link: https://www.econbiz.de/10012854747
An emerging stream of research documents that experience of traumatic events early in a CEO's life influences the firm's investment and financing choices. We extend this research by examining the impact of CEO early-life natural disaster experience on stock price crash risk. Using a longitudinal...
Persistent link: https://www.econbiz.de/10012848436
Prior literature shows that financial disclosures and corporate governance both impact firm performance. This paper … could be independent, substitutive, or complementary in their impact on firm performance. We find a substitutive relation … development, because their disclosures are trustworthy about the firms' future performance. We do not find such effect for firms …
Persistent link: https://www.econbiz.de/10012829492
exert an important role to improve firm’s value and performance. I developed an index to explore the quality of Board of …
Persistent link: https://www.econbiz.de/10014167726
“Modern” accounting adheres to 15th century conventions in maintaining that corporate stock repurchases never result in a profit or loss for a firm. In actual practice, however, few purely financial decisions rival stock repurchases in their bearing on the well-being of shareholders. Because...
Persistent link: https://www.econbiz.de/10013149526
Corporate spinoffs are important events that are accompanied by valuation and credit-risk implications for the parent firm. Among other benefits, spinoffs can improve corporate focus and enhance valuation transparency. In the debt-contracting context, however, spinoffs can also lead to potential...
Persistent link: https://www.econbiz.de/10013492459
This report updates and expands earlier studies to look at the profitability of $349.7 billion of buybacks executed from 2000 through early 2010 by a sample of 275 corporations. The sample companies, drawn mainly from the technology sector, enjoy total equity market value today of $945.6...
Persistent link: https://www.econbiz.de/10013133330
Prior studies on chief executive officer (CEO) compensation have mainly focused on large firms from a broad spectrum of industries. This study aims to provide further evidence on the determinants of CEO compensation for small, homogeneous firms. Using a sample of Australian early-stage mining...
Persistent link: https://www.econbiz.de/10012863710