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Companies worldwide increasingly engaged in corporate social responsibility disclosure, particularly corporate environmental disclosure (CED) has gained increasing importance since the 1980s. Reporting environmental performance has become a fundamental corporate governance mechanism to improve...
Persistent link: https://www.econbiz.de/10012835819
Credit risk rating is shown to be a relevant determinant in order to estimate good corporate governance and to self-optimize capital structure. The conclusion is argued from a study on a selected (and justified) sample of (182) companies listed on the Shanghai Stock Exchange (SHSE) and the...
Persistent link: https://www.econbiz.de/10011778650
control (II-III), before discussing the results of an extensive empirical survey of the annual reports of 280 companies in … fourteen jurisdictions (IV) and introducing an alternative disclosure model for "new generation firms" (V-VI) …
Persistent link: https://www.econbiz.de/10012999088
The paper argues that transparency of large corporate farms operating in transition economies is the factor that affects their competitive position as it helps to preserve access to international equity markets and to reduce uncertainty that arises from imperfect local input markets. We...
Persistent link: https://www.econbiz.de/10011714760
statistically and economically significant effect on companies' market value during the period. However, supporting Stulz (1988) and … approached the optimal ownership dispersion and concentration level and increased the equity market efficiency; therefore, these … positive effects on companies' market value have started to diminish …
Persistent link: https://www.econbiz.de/10013133571
We study how well-incentivized boards monitor CEOs and whether such monitoring improves performance. Using unique, detailed data on boards' information sets and decisions for a large sample of private-equity-backed firms, we find that gathering information helps boards learn about CEO ability....
Persistent link: https://www.econbiz.de/10013038891
Persistent link: https://www.econbiz.de/10012958396
We study how well-incentivized boards monitor CEOs and whether such monitoring improves performance. Using unique, detailed data on boards' information sets and decisions for a large sample of private-equitybacked firms, we find that gathering information helps boards learn about CEO ability....
Persistent link: https://www.econbiz.de/10012940695
This manuscript is aimed at highlighting the most recent trends in corporate governance, ownership and control based on … the manuscripts presented at the international conference “Corporate Governance, Ownership and Control” that took place in … corporate governance topics in corporate ownership and control toward corporate governance mechanisms, such as board of …
Persistent link: https://www.econbiz.de/10012921892
We study how well-incentivized boards monitor CEOs and whether such monitoring improves performance. Using unique, detailed data on boards' information sets and decisions for a large sample of private-equity-backed firms, we find that gathering information helps boards learn about CEO ability....
Persistent link: https://www.econbiz.de/10013037409