Showing 1 - 10 of 9,076
. Stimmrechtsblöcken auf den Unternehmenswert ist bisher jedoch weder theoretisch noch empirisch eindeutig geklärt. Franca Ruhwedel nimmt …. Stimmrechtsstruktur deutscher Aktiengesellschaften und dem Unternehmenserfolg vor. Sie analysiert zunächst die Anreizstrukturen von … Rahmen einer empirischen Untersuchung, die den Einfluss der Eigentümer- und Stimmrechtsstruktur auf den Unternehmenserfolg …
Persistent link: https://www.econbiz.de/10011929146
For the last two decades, board diversity is increasingly considered as a significant mechanism of good corporate governance. Thus, the question arises whether a heterogeneously or rather a homogenously composed board contributes to the efficiency of a company's management and monitoring....
Persistent link: https://www.econbiz.de/10010375800
This paper provides causal evidence on the effect of ownership structure on firm value and on the impact of large tax incentives on the divestiture decision of equity blockholders by exploiting a quasi-experimental policy change in Germany. The 2000 Tax Reduction Act repealed corporate...
Persistent link: https://www.econbiz.de/10012973200
Persistent link: https://www.econbiz.de/10013408334
Persistent link: https://www.econbiz.de/10010336221
Persistent link: https://www.econbiz.de/10010337139
We analyze the relationship between board-level codetermination and shareholder value. We use a unique dataset of listed German companies that enables us to identify heterogeneous aspects of codetermination and overcome otherwise common identification issues. We find that codetermination reduces...
Persistent link: https://www.econbiz.de/10013224560
This paper examines the composition of supervisory boards of German banks for a sample of 41 large banks in the period 1999-2006. We find that the supervisory board structure reflects both outside control by shareholders and inside control by stakeholders. Most of the non-employee board members...
Persistent link: https://www.econbiz.de/10003886999
Persistent link: https://www.econbiz.de/10002493735