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Persistent link: https://www.econbiz.de/10012484928
for multinational firms with better governance, both in absolute terms and relative to focused firms. Further, the value …
Persistent link: https://www.econbiz.de/10013114610
We examine whether institutional investors affect corporate governance by analyzing portfolio holdings of institutions … changes in firm-level governance, but the opposite is not true. Foreign institutions and institutions from countries with … in companies from 23 countries during the period 2003-2008. We find that firm-level governance is positively associated …
Persistent link: https://www.econbiz.de/10013115965
Il lavoro analizza le dinamiche di investimento dei fondi sovrani per paese e per settore nell'arco dell'ultimo ventennio. Il patrimonio gestito dai fondi sovrani è passato da 500 miliardi di dollari nel 1995 a 4,7 trilioni a fine 2011. Sulla base di un dataset specificamente creato, relativo a...
Persistent link: https://www.econbiz.de/10013082458
In a cross-country study, we investigate how staggered passage of national leniency programs from 1990-2012 has affected firms' margins and merger activity. We find that these programs, which give amnesty to cartel conspirators that cooperate with antitrust authorities, reduced the gross margins...
Persistent link: https://www.econbiz.de/10012904944
We study how globalization has changed the source and aggressiveness of inside trading around the world and identify its determinants. Using a sample of acquisitions of firms in 52 countries announced between 1991 and 2014, we find systematically higher likelihood of insider trading in target...
Persistent link: https://www.econbiz.de/10012936748
governance models that have been narrowing since the 1970s in order to put the maximisation of shareholder value at the centre of … corporate attention. As a result, the normative and theoretical framework of corporate governance theory and practice continue … Modern Corporation Project at Cass Business School, launched the Corporate Governance for a Changing World Roundtable Series …
Persistent link: https://www.econbiz.de/10012987369
prime linkage between accountability and transparency in the building of private, public and global governance …
Persistent link: https://www.econbiz.de/10013032287
Marketing strategies are changing fast in the global marketplace as the competition is increasingly growing since the beginning of this century. Multinational companies believe that customer is not just a buying entity but a powerful business partner. In this growing competitive spree...
Persistent link: https://www.econbiz.de/10013037023
Book Review: Michie, Jonathan and Smith, John G. (Eds.) (1998) Globalisation, Growth, and Governance: Creating and …
Persistent link: https://www.econbiz.de/10013062608