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The central aim of the article is company governance, i.e., researching governance of a company that does not want to … be only financially successful but also direct its governance toward socially responsible governance. The article begins … with the definition of "theoretical backgrounds," in which social responsibility in regard to company governance …
Persistent link: https://www.econbiz.de/10012040099
Persistent link: https://www.econbiz.de/10003832433
During the recent financial crisis, there was a dramatic spike, across all industries, in the volatility of individual firm share prices after adjustment for movements in the market as a whole. In this Article, we demonstrate that a similar spike has occurred with each major downturn in the...
Persistent link: https://www.econbiz.de/10010259665
-the-cycle rating methodology ; corporate governance …
Persistent link: https://www.econbiz.de/10009681828
human capital is very valuable in the financial industry, and weak internal governance hurts firm performance by limiting …
Persistent link: https://www.econbiz.de/10013088923
This study reports how country risk and macroeconomic conditions influence the wealth gains of U.S. financial firms involved in international mergers and takeovers. The findings suggest that U.S. financials experience weakly significant wealth gains around announcement date. The wealth gains are...
Persistent link: https://www.econbiz.de/10013090140
We examine the political dynamics which led to the codification of the Principles and Standards for sound compensation practices at financial institutions at international (G 20) level and to their subsequent implementation on both sides of the Atlantic. We show that the regulation of bankers'...
Persistent link: https://www.econbiz.de/10013091649
This paper provides evidence on the impact of different types of institutional investors on a firm's thrust to compete. A firm's thrust to compete, as an attribute of corporate culture, captures the relative importance of corporate values that push a firm to achieve shareholder value in the...
Persistent link: https://www.econbiz.de/10012852909
The U.S. had 14% fewer exchange-listed firms in 2012 than in 1975. Relative to other countries, the U.S. now has abnormally few listed firms given its level of development and the quality of its institutions. We call this the “U.S. listing gap” and investigate possible explanations for it....
Persistent link: https://www.econbiz.de/10013022772
We examine the link between the genetic diversities of executive board members and bank financial misconduct. The premise is that genetic diversity results in different perspectives, skills, and abilities that impact on the effectiveness of executive board guidance and monitoring, including with...
Persistent link: https://www.econbiz.de/10013236093