Showing 1 - 10 of 49,436
This paper analyzes the determinants of the German corporate governance rating recently developed by Drobetz, Schillhofer, and Zimmermann (2004). We find a non- linear relationship between ownership concentration and the quality of firmlevel corporate governance as measured by the rating. Firms...
Persistent link: https://www.econbiz.de/10011570371
We analyze the effects of supervisory board size and composition on the valuation and performance of all German firms listed in the DAX, MDAX and SDAX over the period 1998-2007 (n=294 companies with 2,382 firm-year-observations). Controlling for a large number of other (potential) determinants...
Persistent link: https://www.econbiz.de/10013142374
der EU anpassen. -- codetermination ; worker directors ; board-level employee representation ; firm performance, Germany …-paritätischen Unternehmensmitbestimmung als bemerkenswert stabil erwiesen. Wir erörtern die theoretischen Argumente für und gegen Mitbestimmung und bieten … jedoch das optimale Ausmaß der Mitbestimmung unter 50 Prozent liegen dürfte. Auch wenn das deutsche System besser sein mag …
Persistent link: https://www.econbiz.de/10003797182
This paper examines the gender diversity in corporate boardrooms in Asia and the Pacific and how the diversity affects corporate performance. We find that boardroom gender diversity is low in Asia with 7.5% female representation on average in 2012, but showing a 1.8% improvement in 2013. The...
Persistent link: https://www.econbiz.de/10011416085
My study examines how institutional features of transition economies, i.e., goverment ownership, legal investor protection, and government regulation distort the choice of directors, and the firm value impact of independent director and political-connected director in China. We find that SOEs...
Persistent link: https://www.econbiz.de/10013131130
We investigate the impact of corporate board meetings on corporate performance for a sample of 169 listed corporations from 2002 to 2007 in South Africa (SA). Our findings suggest a statistically significant and positive association between the frequency of corporate board meetings and corporate...
Persistent link: https://www.econbiz.de/10013113241
We study whether board structure (board size, independence and gender diversity) in banks relates to performance. Using a broad panel of large US bank holding companies over the period 1997–2011, we find that both board size and independent directors decrease bank performance. Although gender...
Persistent link: https://www.econbiz.de/10013114373
This paper examines board structure and the effect of board size and composition on firm value for firms in high technology industries for the period 1995-2008. I find that high-tech firms, generally characterized by asymmetric information and growth opportunities, have board sizes 2.9% smaller...
Persistent link: https://www.econbiz.de/10013067475
We study whether board structure (board size, independence and gender diversity) in banks relates to performance. Using a broad panel of large US bank holding companies over the period 1997–2011, we find that both board size and independent directors decrease bank performance. Although gender...
Persistent link: https://www.econbiz.de/10013112953