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women on boards is associated with better ethical culture. My clearest results refer to a corporate governance feature …
Persistent link: https://www.econbiz.de/10014103194
Corporate governance is a process that aims to allocate corporate resources in a manner that maximizes value for all stakeholders – shareholders, investors, employees, customers, suppliers, environment and the community at large and holds those at the helms to account by evaluating their...
Persistent link: https://www.econbiz.de/10013051567
This research examines the effectiveness of Family Constitution or Family Protocol agreements in mitigating each type of agency conflict in family firms. We performed a qualitative analysis, through a case study, and found that the succession process is the main driver for implementing this...
Persistent link: https://www.econbiz.de/10014281542
There is a heated debate on shareholder versus stakeholder governance. The stakeholder view recognises that companies … to hold management accountable against multiple goals. Moreover, the traditional stakeholder model tends to focus on …
Persistent link: https://www.econbiz.de/10014235517
This paper examines the composition of supervisory boards of German banks for a sample of 41 large banks in the period … theory ; stakeholder theory ; banks …
Persistent link: https://www.econbiz.de/10003886999
Managerial resistance precludes half of shareholder-initiated proposals from reaching the ballot stage. I construct a novel dataset of excluded and withdrawn proposals from the Securities and Exchange Commission's responses to managers' exclusion requests. An examination of announcement returns...
Persistent link: https://www.econbiz.de/10011976966
Two models of the firm dominate corporate law. Under the management-power model, decision-making power rests primarily with corporate insiders (officers and directors). The competing shareholder-power model defends increased shareholder power to limit managerial authority. Both models view...
Persistent link: https://www.econbiz.de/10012851659
and social media (SM) as universal interaction tools useful for stakeholder engagement. Through SM stakeholder can easily … important source of institutional pressure for firms and board of directors. They acts as a resonance chamber for stakeholder … CED, deepening the moderating role of stakeholder e-engagement through Facebook, LinkedIn and Twitter. The effectiveness …
Persistent link: https://www.econbiz.de/10012835819
This study examines the role of foreign institutional ownership in corporate social responsibility. Using the Shanghai-Hong Kong Stock Connect as a quasi-natural experiment, our difference-in-differences estimation shows that foreign institutional ownership drives firms’ CSR improvements....
Persistent link: https://www.econbiz.de/10013405877
Persistent link: https://www.econbiz.de/10011951558