Showing 1 - 10 of 627,810
We offer that, when regulators require firms to obtain stakeholder approval of a corporate decision through voting on a resolution, firms disclose additional information that is needed for stakeholders to understand the optimal nature of the proposal and to vote in favor of it. We suggest that...
Persistent link: https://www.econbiz.de/10012826813
Advisory committees are a ubiquitous yet understudied feature of the administrative state. More than seventy-five thousand experts from outside the federal government serve on over one thousand committees across the executive branch, providing agencies with informed “second opinions” to...
Persistent link: https://www.econbiz.de/10014104544
Purpose – This paper aims to examine the relationship between corporate governance, corruption and disclosure of forward-looking information in listed firms in two African countries, Botswana and Ghana.Design/methodology/approach – The study uses 174 firm-year observations between the period...
Persistent link: https://www.econbiz.de/10012955478
who free-ride off the monitor. We test this prediction in the setting where large shareholders contractually bind …
Persistent link: https://www.econbiz.de/10012584426
Can corporate governance ratings reduce problems of asymmetric information between companies and investors? To answer this question, we set out to examine the information basis for providing such ratings by reviewing corporate governance attributes that are required or recommended in laws,...
Persistent link: https://www.econbiz.de/10010469303
Persistent link: https://www.econbiz.de/10014232726
There are several measures of equity compensation that may provide shareholders with distinct and useful information … for evaluating CEO pay. We examine whether shareholders consider additional disclosures of equity compensation measures … outcomes remain significantly related to abnormal equity compensation expense. Consistent with shareholders considering the …
Persistent link: https://www.econbiz.de/10012903909
Persistent link: https://www.econbiz.de/10013203528
Persistent link: https://www.econbiz.de/10015062610
Persistent link: https://www.econbiz.de/10003866863