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How many directorships are too many? Globally, normative advice emphasises the importance of limiting the number of directorships any individual should hold due to the workloads they entail. However, there is little empirical evidence to support this view. Rather, there is a strong tradition of...
Persistent link: https://www.econbiz.de/10009447953
-makers deal with risk management or bottom-line protection issues as well as exploiting the business opportunity the new … accountability of climate change risk management placed with the board of directors and senior management. The literature review is …
Persistent link: https://www.econbiz.de/10009483779
management and control. In Germany, most of the discussions focus on the quality of management control by the supervisory board … the systematic relationship between company performance and turnover in the management boards of the DAX100 companies over … to the turnover announcements are determined. Capital market effects inform about the impact of management changes for …
Persistent link: https://www.econbiz.de/10009433689
When a firm has external debt and monitoring by shareholders is essential, managerial bonuses are shown to be an optimal solution. A small managerial bonus linked to firm's performance not only reduces moral hazard between managers and shareholders, but also between creditors and monitoring...
Persistent link: https://www.econbiz.de/10010320757
The description of contemporary application of Corporate Governance principles in Czech companies. The prezentation of Corporate Governance decision steps. The definition of Corporate Governance individual practices in Czech companies. Presentation of future system development of Corporate...
Persistent link: https://www.econbiz.de/10005036448
-European two-tier board structure. This makes it interesting to analyze the impact of management and supervisory board … protection to endogenize board variables. Our results reveal that the size of the management board is not affecting corporate …
Persistent link: https://www.econbiz.de/10005641581
Dieser Dieser Beitrag stellt zur Diskussion, welchen Beitrag die Compliance im Rahmen der Corporate Governance-Forschung einnehmen kann, wie sich diese Einordnung aus einer öko-nomischen Sichtweise heraus begründen lässt und welche Auswirkungen zu erwarten sind. Mag auf den ersten Blick der...
Persistent link: https://www.econbiz.de/10010308797
This paper analyzes the determinants of the German corporate governance ratingrecently developed by Drobetz, Schillhofer, and Zimmermann (2004). We find anon- linear relationship between ownership concentration and the quality of firmlevelcorporate governance as measured by the rating. Firms...
Persistent link: https://www.econbiz.de/10005867961
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