Similar Search Results

The effect of foreign equity ownership on corporate social responsibility : empirical evidence from Poland

Doś, Anna - In: E-Finanse : finansowy kwartalnik internetowy 13 (2017) 3, pp. 43-65

In the literature on corporate social responsibility (CSR) the origin of the equity is seen as one the drivers of CSR. There is evidence of multinational corporations stimulating diffusion of CSR practices in a few emerging economies. There are no similar studies focusing on the Polish economy....

Persistent link: https://www.econbiz.de/10011865587

German Corporate Law Reform's Impact on Publicly Listed Companies' Performance Through Changes in Ownership Concentration

Pakamore, Mantas - 2011

This paper analyses the German corporate law reform's effect on the publicly listed companies' ownership and performance. First, theoretically plausible implications of the most important laws that were issued 1990-2009 are provided, then an empirical analysis using 1997-2008 panel data...

Persistent link: https://www.econbiz.de/10013133571

The illusory promise of stakeholder governance

Bebchuk, Lucian A.; Tallarita, Roberto - 2020

external interventions to protect stakeholders via legislation, regulation, and policy design. Stakeholderism should be …

Persistent link: https://www.econbiz.de/10012428242

Does Board Voting Efficiency Affect Corporate Performance and Governance? Evidence from the Even-Odd Effects of Corporate Board

Deng, Xin - 2013

We analyze a simple model of board voting and find that in comparison to boards with an even number of directors (even boards), those with an odd number of directors (odd boards) improve voting efficiency by better aggregating directors' information. Consistent with the model's implications, our...

Persistent link: https://www.econbiz.de/10013090605

Busy Analysts and Firm Monitoring

Kini, Omesh - 2020

Consistent with the view that “busy” analysts face time and effort constraints in monitoring firms, we find that higher busyness lowers firm valuation. The underlying mechanisms include lower operating performance, higher cost of capital, greater earnings management, excessive CEO...

Persistent link: https://www.econbiz.de/10012834629

What are the Costs of Weakening Shareholder Primacy? Evidence from a U.S. Quasi-Natural Experiment

Bennett, Benjamin; Stulz, René M.; Wang, Zexi - National Bureau of Economic Research - 2025

We study the consequences of weakening shareholder primacy using Nevada Senate Bill 203 as a quasi-natural experiment. A difference-in-differences analysis shows that, instead of improving their governance in response to the Bill to reassure capital providers, affected firms experience a...

Persistent link: https://www.econbiz.de/10015409860

The link between firm risk-taking and CEO power of listed firms on the Vietnamese stock market : the role of state ownership

Ngoc Thanh Tran; Thi Ngoc Dung Pham; Dien Duan Nguyen; … - In: Cogent business & management 11 (2024) 1, pp. 1-16

shareholder benefit. However, predicting CEO behaviour remains challenging, especially when considering CEO power (CEOP). Hence … 2010 to 2020. Utilizing the Entropy weight methodology, a CEOP index combines structural, ownership, and expert power … the Chief Executive Officer (CEO). Hence, this study explores the interaction between CEO power and firm risk-taking in …

Persistent link: https://www.econbiz.de/10014526511

Bank ownership, board characteristics and performance : evidence from commercial banks in India

Sarkar, Jayati; Sarkar, Subrata - In: International Journal of Financial Studies : open … 6 (2018) 1, pp. 1-30

We study the effect of board governance in state-owned and private banks by undertaking a study of commercial banks in India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance reforms in India, the results of our empirical analysis...

Persistent link: https://www.econbiz.de/10011852430

Shapeshifting Corporations

Partnoy, Frank - 2010

This Article examines whether recent shifts among private and public markets are part of a more general phenomenon of “shapeshifting” among corporate entities. A shapeshift is a transformation of corporate form involving the creation or use of a new legal entity and one or more changes in...

Persistent link: https://www.econbiz.de/10013148211

Corporate governance and the performance of manufacturing firms in Ghana : does ownership structure matter?

Sarpong-Danquah, Beatrice; Oko-Bensa-Agyekum, Kwasi; … - In: Cogent business & management 9 (2022) 1, pp. 1-19

This study investigates the moderating role of ownership structure in the nexus between corporate governance and the financial performance of manufacturing firms in Ghana. The study uses GLS regression to analyze a panel dataset of 7 manufacturing firms over 14 years. We find a positive and...

Persistent link: https://www.econbiz.de/10014433712