Showing 1 - 10 of 4,768
Profitabilitäts-, Risiko- und Effizienzmaße auf. Im Hinblick auf die Bonusniveaus der Bankmitarbeiter zeigt sich eine hohe … needed how banks are governed and how bank governance is associated with performance and risk taking. This report deals with …, risk and efficiency. Compensation analyses show strong variation in compensation schemes between banks and bank divisions …
Persistent link: https://www.econbiz.de/10011742813
[enter Abstract Body]We use a sample of randomly selected CRSP-listed firms to explore the cross-sectional determinants of corporate board size. We find that the average number of directors on boards differs significantly across industries. Further evidence indicates that these differences are...
Persistent link: https://www.econbiz.de/10012911228
Chhaochharia and Grinstein (2009) estimate that CEO pay decreases by 17% more in firms whose boards were not compliant with the recent NYSE/NASDAQ independence requirements than in firms that were compliant. We document that 65% of the magnitude is driven by a single outlier. All our attempts to...
Persistent link: https://www.econbiz.de/10013138437
Chhaochharia and Grinstein (JF, 2009) estimate that CEO pay decreases by 17% more in firms that were not compliant with the recent NYSE/NASDAQ board independence requirement than in firms that were compliant. We document that 74% of this magnitude is attributable to two outliers out of 865...
Persistent link: https://www.econbiz.de/10013115672
Using Chhaochharia's and Grinstein's (JF, 2009) data and methodology, Guthrie, Sokolowsky, and Wan (JF, 2010) document that compensation committee independence leads to an increase in executive pay, and that the increase is concentrated in firms with powerful monitors. These findings stand in...
Persistent link: https://www.econbiz.de/10013090881
target nations with relatively low political risk, the interaction between government-affiliation and change in political …
Persistent link: https://www.econbiz.de/10012961965
the investors to the risk of expropriation by investee countries and corporate insiders …
Persistent link: https://www.econbiz.de/10012905098
This research analyzes 262 cases of tender offer bid (TOB) in which the acquired companies were expected to remain listed after the deals, from among TOB deals conducted between 1990 and 2011, and estimates the value of private benefits of control in Japan based on the premiums paid relative to...
Persistent link: https://www.econbiz.de/10012941487
We derive and develop a simple and intuitive model that shines fresh light on the relentless debate over whether corporate ownership converges to the Berle-Means modern corporation with high stock ownership dispersion. Our model takes into account the importance of both protective legal...
Persistent link: https://www.econbiz.de/10013004147
and proxies for risk factors and are more pronounced in firms with poor past performance. Our results are consistent with …
Persistent link: https://www.econbiz.de/10012987700