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decision-making concerning shareholders and stakeholders. In a sample comprising more than nine hundred directors originating … a principled, quasi-ideological stance towards shareholders and stakeholders, called shareholderism, on which they vary …
Persistent link: https://www.econbiz.de/10012668240
directors in decision-making concerning shareholders and stakeholders. In a sample comprising more than nine hundred directors … shareholders and stakeholders, called shareholderism. Directors' shareholderism correlates with personal values, but also with …
Persistent link: https://www.econbiz.de/10012868048
-party transactions and other conflicts of interest situations. Moreover, controlling shareholders often perform some of the functions … that are typical of independent directors in diffuse ownership, such as the hiring and firing of managers and the setting …
Persistent link: https://www.econbiz.de/10013053244
This paper contains the tables of contents, legislation and cases, the introduction and the index of a book published by Cambridge University Press (2008). The cover text reads as follows: "On the one hand, it can be argued that the increasing economic and political interdependence of countries...
Persistent link: https://www.econbiz.de/10014221480
We study private shareholder engagements with 2,465 publicly listed firms from 2007 to 2020 about environmental, social, and governance (ESG) issues. We examine to what extent private engagements address financially material ESG issues and contribute to firm performance. We find that around 75%...
Persistent link: https://www.econbiz.de/10013403007
-border portfolio investments of institutional money managers and cross-border M&As are complements in promoting financial integration …
Persistent link: https://www.econbiz.de/10013158587
How does a board of directors decide what is right? The contest over this question is frequently framed as a debate between shareholder value and stakeholder rights, between a utilitarian view of the ethics of corporate governance and a deontological one. This paper uses a case study with...
Persistent link: https://www.econbiz.de/10014176789
We examine whether similarities in legal, sociological, and cultural characteristics between countries (country-pair homophily) affect foreign director appointments. Our results from estimating a gravity model, which includes economic and geographic country characteristics, indicate that...
Persistent link: https://www.econbiz.de/10012855937
We examine whether similarities in legal, sociological, and cultural characteristics between countries (country-pair homophily) affect foreign director appointments. Our results from estimating a gravity model, which includes economic and geographic country characteristics, indicate that...
Persistent link: https://www.econbiz.de/10012839223
We examine how similarity in institutional, legal, and social characteristics between a firm's and its directors’ home countries, that is, country-pair homophily, affects foreign director appointments. We estimate a gravity model that includes economic and geographic proximity and find that...
Persistent link: https://www.econbiz.de/10014244755