Narrow search
Showing 1 - 10 of 6,338
Cover Image
Private Equity, LBOs, and Corporate Governance : International Evidence
Siegel, Donald S. - 2011
We review the governance role of private equity (PE) firms in companies that have experienced an LBO. We conjecture that PE firms may provide powerful remedies to agency conflicts associated with public and private firms, such as managerial entrenchment and opportunism
Persistent link: https://www.econbiz.de/10013131653
Cover Image
Corporate Governance Reforms Around the World and Cross-Border Acquisitions
Kim, E. Han - 2013
This paper provides comprehensive, detailed documentation of major corporate governance reforms (CGRs) undertaken by 26 advanced and emerging economies. Have these reforms impacted corporate investment decisions by altering investor protection (IP)? To answer this question, we estimate the CGRs'...
Persistent link: https://www.econbiz.de/10013082009
Cover Image
Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions
Ferreira, Miguel A. - 2009
-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
Cover Image
Global Ownership and Corporate Control Networks
Rungi, Armando - 2019
In this contribution, at first, we introduce a basic network framework to study pyramidal structures and wedges between ownership and control of companies. Then, we apply it to a dataset of 53.5 million of companies operating in 208 countries. Among others, we detect a strong concentration of...
Persistent link: https://www.econbiz.de/10012901128
Cover Image
International Corporate Governance Spillovers : Evidence from Cross-Border Mergers and Acquisitions
Albuquerque, Rui A. - 2018
We test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data from 64 countries during the period 2005-2014, we find that cross-border M&A activity is associated with subsequent improvements in the governance of...
Persistent link: https://www.econbiz.de/10012938394
Cover Image
The Governance Transfer of Blockholders : Evidence from Block Acquisitions and Earnings Management around the World
Dai, Lili - 2017
We examine the governance transfer effect of corporate blockholders in a sample of 892 block acquisitions across 42 countries from 1990 to 2008. Using earnings management as a proxy for corporate governance outcome, we find that target firms' earnings management is aligned with that of block...
Persistent link: https://www.econbiz.de/10012974044
Cover Image
Antitakeover Statutes and Internal Corporate Governance
Lee, Choonsik - 2015
Persistent link: https://www.econbiz.de/10013010589
Cover Image
Mergers and the Market for Busy Directors : An International Analysis
Ferris, Stephen P. - 2020
Using 13,233 acquisitions from 57 countries, we examine M&A decisions made by busy boards. We find that few busy acquirers originate from emerging markets and that they tend to undertake cross-border mergers, favor public targets, finance with cash and equity, pursue non-diversifying mergers,...
Persistent link: https://www.econbiz.de/10012852398
Cover Image
International Corporate Governance Spillovers : Evidence from Cross-Border Mergers and Acquisitions
Albuquerque, Rui A. - 2018
We test the hypothesis that foreign direct investment promotes corporate governance spillovers in the host country. Using firm-level data from 64 countries during the period 2005-2014, we find that cross-border M&A activity is associated with subsequent improvements in the governance of...
Persistent link: https://www.econbiz.de/10012923482
Cover Image
How does the Market for Corporate Control Impact Tax Avoidance? Evidence from International M&A Laws
Hu, Jinshuai; Li, Siqi; Shevlin, Terry J. - 2021
corporate tax planning. Exploiting the staggered enactment of M&A laws across countries that increased the threat of takeover as … avoidance following the takeover law passage. Our analysis suggests that reduced management private benefits consumption (i … strategies, is the likely mechanism through which takeover laws impact tax avoidance. Collectively, our findings extend the …
Persistent link: https://www.econbiz.de/10013220207