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Opportunity for group study by graduate students on current topics related to management not otherwise included in curriculum. From the course home page: Course Description This is a course on how corporations make use of the insights and tools of risk management. Most courses on derivatives,...
Persistent link: https://www.econbiz.de/10009432744
shareholdings of banks in the same group of firms. Our results show that the equity investments of financial investors … — institutional investors and banks — in Japanese listed companies at the end of June 2002 were predominantly in the high … equity capital of the firms listed on the Tokyo and Osaka Stock Exchanges, with banks being the largest group of these …
Persistent link: https://www.econbiz.de/10012529489
The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern about the opportunistic managerial behavior. The growing importance of knowledge and human capital in the operation of firms shifts the focus of concern: excessive ownership...
Persistent link: https://www.econbiz.de/10009476880
This paper investigates what predicts changes in corporate governance in emerging markets. To conduct this study we utilize a unique data set from AllianceBernstein that consists of monthly firm-level corporate governance ratings for 24 emerging market countries for almost seven years. Since the...
Persistent link: https://www.econbiz.de/10009484519
Purpose – The purpose of this study is to explore the voluntary use of internal audit by Australian publicly listed companies and to identify factors that lead listed companies to have an internal audit function.Design/methodology/approach – Drawing on the Institute of Internal Auditors'...
Persistent link: https://www.econbiz.de/10009441627
performance. On the one hand, concentration of ownership that, in turn, concentrates management control in the hands of a strategic investor, eliminates agency problems associated with dispersed ownership. On the other hand, it may lead to entrenchment of upper management which may be...
Persistent link: https://www.econbiz.de/10009477189
Australian banks. The results suggest that shareholders of banks will benefit from increased bank exposure to non-interest income … documents that fee-based income is riskier than margin income but offers diversification benefits to bank shareholders. While … exploiting the benefits of the implied guarantee offered by “too big to fail” However, shareholders should also monitor bank …
Persistent link: https://www.econbiz.de/10009441628
This paper examines the recent upsurge in foreign direct investment by emerging-market firms into the United States. Traditionally, direct investment flowed from developed to developing countries, bringing with it superior technology, organizational capital, and access to international capital...
Persistent link: https://www.econbiz.de/10009476923
Thema Basel II / Risikomanagement.Inzwischen wurden an der Fachhochschule bereits mehrere Forschungsprojektezum Themenkreis …
Persistent link: https://www.econbiz.de/10005867535
Die Europäische Union hat es sich zum Ziel gemacht, auf eine gute und vor allem effektive Corporate Governance hinzuwirken. Mit dieser Zielsetzung wurde in einer Abänderungsrichtlinie festgelegt, dass kapitalmarktorientierte Unternehmen künftig umfassende Informationen (das sog. Corporate...
Persistent link: https://www.econbiz.de/10009428987