Showing 1 - 10 of 7,929
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
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
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
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
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
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
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
Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of...
Persistent link: https://www.econbiz.de/10014023875