Showing 1 - 10 of 1,540
This study examines the association between ownership structure and voluntary disclosure levels in the 2007 annual report of 94 samples of Bangladeshi listed companies. Ownership structure is provided by management ownership and institutional ownership. Using agency theory, it is argued that...
Persistent link: https://www.econbiz.de/10011938277
The paper investigates the impact of ownership concentration on the likelihood that firms are involved in innovative activities or invest in research and development. We find that more dispersed ownership significantly increases the probability that a firm is engaged in innovation or invests in...
Persistent link: https://www.econbiz.de/10010377537
This paper investigates whether investment spending of firms is sensitive to the availability of internal funds …. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are … not independent. The relation between corporate investment and free cash flow is investigated using the Bond and Meghir …
Persistent link: https://www.econbiz.de/10010377540
This study's primary purpose is to investigate corporate governance's role in investment efficiency and financial … Stock Exchange from 2015 to 2021 indicate that investment efficiency has increased by increasing the quality of corporate … investment efficiency and reduces the financial information disclosure risk. In contrast, in companies that are in the decline …
Persistent link: https://www.econbiz.de/10014332733
This paper reviews research findings on entrepreneurial top management teams within the last 20 years. It concentrates on team-based management factors and their influence on a new venture's growth and ability to raise capital. This paper integrates recent findings and provides an overview of...
Persistent link: https://www.econbiz.de/10010421371
Using novel data on independent directors' opinions in China, we investigate the stock and labor market effects … China whereby the labor market does not reward vigilant directors for standing up to firm insiders, although investors add a …
Persistent link: https://www.econbiz.de/10012621000
The paper presents study of corporate governance evolution in Bulgaria and its convergence to EU structures. The author discusses the traditional approach to separation of ownership and control in transition economies and modern ideas about the need for changing corporate governance paradigm....
Persistent link: https://www.econbiz.de/10010377536
In this paper, we use a production function approach to examine the impact of ownership concentration, product market competition and financial pressure on German firm productivity. Additionally, we are interested in the influence of ownership identity and changes in ownership structure. We also...
Persistent link: https://www.econbiz.de/10010377538
Say on pay (SOP) is a relatively new governance mechanism that allows shareholders to pronounce on the suitability on executives’ compensation. The literature has mainly examined SOP effects on Anglo Saxon contexts of corporate governance, reporting mixed results and highlighting the need to...
Persistent link: https://www.econbiz.de/10012118436
The paper argues that transparency of large corporate farms operating in transition economies is the factor that affects their competitive position as it helps to preserve access to international equity markets and to reduce uncertainty that arises from imperfect local input markets. We...
Persistent link: https://www.econbiz.de/10011695022