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Many reforms of banking market liberalization in CEE countries raised the question on the convergence of banks …, and with faster convergence trend for foreign banks. Despite the efforts for banking market integration, there is no …
Persistent link: https://www.econbiz.de/10012989637
We investigate the role of ownership structure and investor protection in postprivatization corporate governance. We find that the government relinquishes control over time, mainly to the benefit of local institutions and foreign investors. We also show that private ownership tends to...
Persistent link: https://www.econbiz.de/10011591071
companies exhibit lower credit spreads than partially privatized firms, indicating the cost of a lengthy privatization process …
Persistent link: https://www.econbiz.de/10013128790
. Specifically, we examine the determinants of residual state ownership after privatization over a window of up to six years after … privatization is politically shaped and constrained, and hence obeys to a dynamic that is different from one country to another …
Persistent link: https://www.econbiz.de/10013155841
This Article provides an early assessment of the impact on corporate governance of the most recent wave of SOE reform announced by the CCP in 2013, officially known as the mixed-ownership reform (MOR). It offers a comprehensive and detailed account of the background, policy and regulatory...
Persistent link: https://www.econbiz.de/10012847112
-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major …
Persistent link: https://www.econbiz.de/10014221198
The legal protection of shareholders is the backbone of any corporate governance system. In a banking setting, the …
Persistent link: https://www.econbiz.de/10013152216
banking corporate governance: risk management, ownership structure and executive compensation of banks. Best practices for …
Persistent link: https://www.econbiz.de/10012891594
Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …) strengthening further the existing banking regulations through stricter fit-and-proper rules for directors and controlling …
Persistent link: https://www.econbiz.de/10013045259
Board governance is an important aspect of internal bank governance. We conduct an empirical study on 100 banks in China for the period from 2004 to 2017 using a time-varying growth bank shareholder network to investigate the relationship and mechanism between bank shareholder network and board...
Persistent link: https://www.econbiz.de/10014504890