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the issues of "disclosure, transparency and ownership" as examples of how the current framework is broken. The problems … with the current approach to transparency and ownership - namely more rules leading to a "one-size-fits-all" approach, herd … regulatory approach that is more likely to be effective. The paper begins by reviewing contemporary discussion on ownership and …
Persistent link: https://www.econbiz.de/10012999088
concentration of control is very high. First, 85% of all officially listed AGs have a dominant shareholder (controlling more than 25 …% of the voting rights). Second, few large blockholders control several deciding voting blocks in listed corporations …
Persistent link: https://www.econbiz.de/10011608520
We study the propagation of corporate disclosure policy choices across firms connected by common analysts. We find strong similarities in disclosure policies among firms that share common analysts. We show that these similarities are attributable to both analyst coverage initiation decisions and...
Persistent link: https://www.econbiz.de/10012828809
– the majority of firms engage in “grudging” or “boilerplate” compliance in which ownership and control structures are not … adequately revealed in an accessible way and – perhaps more importantly – the impact of these ownership and control structures on … offshore tax havens can be used by politicians, celebrities and other elites to conceal their beneficial ownership of companies …
Persistent link: https://www.econbiz.de/10012992703
Intellectual capital (IC) has been widely recognized as an important resource in creating value and competitive advantage for companies. This study therefore examined the effect of corporate governance on intellectual capital disclosure and market capitalization through the use of the companies...
Persistent link: https://www.econbiz.de/10012626141
Persistent link: https://www.econbiz.de/10010202671
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in size and if their boards of directors have more independent members. Minority voting control ownership structures …
Persistent link: https://www.econbiz.de/10011556123
This study investigates whether conference calls accompanying M&A announcements in Europe provide valuable information for capital market participants and hence induce an abnormal stock price revaluation on the bidder’s equity. Based on handpicked data for transactions between 2008 and 2012 we...
Persistent link: https://www.econbiz.de/10011848217
Being able to separate temporary global macroeconomic influences - caused by fluctuations in exchange rates, interest rates and inflation - from intrinsic performance - related to a superior product, production process or management - is crucial to the assessment of the development of a firm’s...
Persistent link: https://www.econbiz.de/10011952135