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As attention moves rapidly towards comparative approaches, the research and teaching of company law has somehow lagged behind. The overall purpose of this book is therefore to fill a gap in the literature by identifying whether conceptual differences between countries exist. Rather than...
Persistent link: https://www.econbiz.de/10013086789
An internal audit function (IAF) should positively impact financial reporting and governance, and add value to its organization. We provide evidence on IAF factors (i.e., characteristics, activities, work areas) associated with these types of impact and whether these factors, and their influence...
Persistent link: https://www.econbiz.de/10013037554
Drawing on institutional theory, we examine the impact of corporate governance (CG) on corruption. The interaction effects of national culture and CG on corruption are also examined. By employing a dataset of 149 countries, our baseline findings indicate that the quality of CG practices reduces...
Persistent link: https://www.econbiz.de/10012830545
Persistent link: https://www.econbiz.de/10010491621
, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require … data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial …
Persistent link: https://www.econbiz.de/10003274244
The role of independent directors features prominently in corporate governance codes. U.S. public companies continue to adopt the best practices within the framework of strengthened securities market listing standards and legal requirements that developed, beginning with the passage of the...
Persistent link: https://www.econbiz.de/10012900340
Using a survey of 800 Chief Executive Officers (CEOs) in 22 emerging economies, we show that CEOs' management styles and philosophies vary with the ownership and governance structure of their firms. Founders and CEOs of firms with greater family involvement display a greater stakeholder focus...
Persistent link: https://www.econbiz.de/10012855972
National borders are still strong barriers for mergers and acquisitions in Europe. We estimate a gravity equation model based on NUTS 2-regions and find that the restraining impact of national borders decreased by about a third between 1990 and 2007. However, there has been no significant change...
Persistent link: https://www.econbiz.de/10008697426
Despite the fact that one-third of worldwide mergers involve firms from different countries, the vast majority of the academic literature on mergers studies domestic mergers. What little has been written about cross-border mergers has focused on public firms, usually from the United States. Yet,...
Persistent link: https://www.econbiz.de/10013134570
decision making authority in responding to hostile takeover attempts. The hostile takeover regime in Japan, which developed … analytical framework for business law development to explain the diversity in hostile takeover regimes in these three countries … illuminates the current state and future trajectory of hostile takeover regulation in the important emerging markets of China …
Persistent link: https://www.econbiz.de/10013139378