Showing 1 - 10 of 3,568
Japanese corporate governance reform is implemented by an introduction of corporate governance code and stewardship code, in which stewardship activities by institutional investors play an important role in terms of reduction of agency cost. In this report, stewardship activities are focused...
Persistent link: https://www.econbiz.de/10014361849
This research attempts to analyze the relationship between agency, control and corporate gover- nance attributes for a …- tional ownership. c) Corporate governance factors reduce discretionary expenditure ratio, increase assets utilization ratio … and free cash flow ratio. d) Control variables increases the asset utilization ratio and decreases the free cash flow and …
Persistent link: https://www.econbiz.de/10011865584
control, and that a sizable fraction of such companies enable retaining control with less than a 5% stake. Finally, we examine … their stake without forgoing control. We then identify and examine measures that public officials or institutional investors …
Persistent link: https://www.econbiz.de/10011972992
This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...
Persistent link: https://www.econbiz.de/10009565384
This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...
Persistent link: https://www.econbiz.de/10011390672
This paper investigates how family ownership, control and management affect firm investment performance. We use the …
Persistent link: https://www.econbiz.de/10011562809
years. It makes two principal arguments. First, because the separation of ownership and control was one of the rationales … for the introduction of the corporate form, we should not be surprised that corporate ownership has generally been diffuse … ownership. …
Persistent link: https://www.econbiz.de/10014445783
Persistent link: https://www.econbiz.de/10012194174
Persistent link: https://www.econbiz.de/10011797788
how they relate to each other. We show that separation of ownership and control may arise as a response to overload costs …
Persistent link: https://www.econbiz.de/10011583643