Showing 1 - 10 of 2,349
The Nasdaq Stock Market's enforcement activities offer a unique setting for investigating the consequences of changes … suggests that market participants view Nasdaq listing requirements as minimum corporate governance standards and with declines …
Persistent link: https://www.econbiz.de/10012972580
The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal returns due to the announcement of mergers and acquisitions (M&A) and return on equity funds five years before and after M&A have been examined. The study also performs a...
Persistent link: https://www.econbiz.de/10013099698
This study analyzed activism that leads to a merger or acquisition (M&A) of a firm to see its benefits for the shareholders at the target firm as well as its acquirer. It used over thirty years of data to understand the impact of the activists’ demands of strategic significance for the firms....
Persistent link: https://www.econbiz.de/10014034757
The role of outside directors is one of the key features in the transatlantic corporate governance debate. As their importance rises, their liability is also attracting attention. Since there are only a few cases internationally in which outside directors of listed companies have been held...
Persistent link: https://www.econbiz.de/10013137966
This paper extends the prior studies on corporate performance by empirically exploring the impact of overall corporate governance structure on firm performance. To unveil the objective of this study, firstly corporate governance index is built using Principal Component Analysis with 6 (six)...
Persistent link: https://www.econbiz.de/10012221372
regards to financial performance, we find positive, albeit small, abnormal market reactions when information on ESG- or carbon …
Persistent link: https://www.econbiz.de/10014257842
I examine how negative ESG news distorts shareholder outcomes. In 2015 As You Sow began the yearly release of "The 100 Most Overpaid CEOs" list, leading to negative ESG news for firms that make the list. Overpaying CEOs is a governance concern as it signals a failure in proper controls and a...
Persistent link: https://www.econbiz.de/10014265193
Purpose: This research aims to explore the link between corporate governance mechanism and stock price crash risk under the complementary role of IFRS adoption in Pakistan.Design/methodology/approach: Data has been extracted from the financial statements of 155 non-financial firms listed in PSX...
Persistent link: https://www.econbiz.de/10013403373
, enjoy total equity market value today of $945.6 billion. In the past decade, 67.3% of sampled companies engaged in buybacks … overall.Companies with equity market value at least near $1 billion who, priced today, executed the most profitable buybacks ….Companies with equity market value at least near $1 billion who, priced today, executed the most unprofitable buybacks during the …
Persistent link: https://www.econbiz.de/10013133330
Non-financial performance measures, such as Environmental, Social, and Governance (“ESG”) measures, are potentially leading indicators of firms' financial performance. I draw on the prior academic literature and the concept of ESG materiality to develop new corporate governance and ESG...
Persistent link: https://www.econbiz.de/10012897542