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government filings were collected for the top 100 public companies in a suburban region of the USA. Results indicated a positive …
Persistent link: https://www.econbiz.de/10014694790
approach to regulation between the USA and Europe and suggests that the issues of risk management needs to better take this …
Persistent link: https://www.econbiz.de/10014689154
Examines the impact of developments in accountant liability on audit practice. Focuses on analysis of the impact of legal liability on different size accounting firms (classified by revenue generated) with respect to number and professional characteristics of audit personnel, form of practice,...
Persistent link: https://www.econbiz.de/10014929598
theories. Design/methodology/approach – Using a sample of firms in the USA and the UK from 2000 to 2007, the paper conducts a … associated with firm value in the USA. Social implications – The paper finds strong support for resource dependence theory in the … UK but limited support for agency theory in the USA. Originality/value – This paper takes a multi-country approach to …
Persistent link: https://www.econbiz.de/10014941337
takeover of an old science by a new one explaining facts better than the old stuff. We are witnessing the surge of a scientific …
Persistent link: https://www.econbiz.de/10014584886
Abstract The purpose of this paper is to test the signal effect of Directors and Officers (D&O) insurance and to analyze the necessity of mandatory disclosure of D&O insurance in Taiwan. D&O insurance is usually viewed as a signal mechanism of insured firms’ corporate governance and thus its...
Persistent link: https://www.econbiz.de/10014585153
Summary The paper discusses the link between financing R&D and tangible investment, firm size, and corporate governance. Mechanisms of corporate governance, such as the presence of large shareholders or stakeholders, may reduce agency and specificity problems and improve access to external...
Persistent link: https://www.econbiz.de/10014608824
Summary Members of management boards as well as supervisory boards often attract public criticism when they are simultaneously active in several other boards. We use a panel data set of the biggest German corporations for the period from 1996-2006 to estimate the impact of multiple board...
Persistent link: https://www.econbiz.de/10014609302
The “atemporal” character of Kirzner’s notion of alertness and discovery, and his insistence that entrepreneurship is independent of factor ownership have attracted many criticisms from within the Austrian camp. However, it is precisely these elements of his theory of entrepreneurship that...
Persistent link: https://www.econbiz.de/10014612427
Abstract Herbert Spencer (1820–1903) wrote on the emergence of railroad corporations and corporate governance matters. Since Spencer is typically considered a staunch libertarian, the fact that he expressed some criticisms over the emergent corporate capitalism might surprise many. But what...
Persistent link: https://www.econbiz.de/10014615695