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Many companies in Germany must provide information beyond financial figures in their annual reports. For some years now, legislators have increasingly required information on non-financial aspects, such as the shares of women in leadership positions. Using a quantitative text analysis of annual...
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This paper analyzes the determinants of the German corporate governance rating recently developed by Drobetz, Schillhofer, and Zimmermann (2004). We find a non- linear relationship between ownership concentration and the quality of firmlevel corporate governance as measured by the rating. Firms...
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. Hence, management board diversity is characterized by attributes, such as gender, age, nationality and functionality. An … mostly find negative effects of various board diversity characteristics on corporate performance, especially regarding age … between board members and large age differences may alleviate decision-making processes. © Marc Eulerich, Patrick Velte …
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