Narrow search
Showing 1 - 10 of 77,318
Cover Image
Shareholders and stakeholders value creation: an analytic foundation for value creation indicators
Masera, Rainer S.; Mazzoni, Giancarlo - In: BNL Quarterly Review 60 (2007) 240, pp. 3-31
The academic debate on the theory of the firm has been monopolized for a long period by the contraposition between the … "enlightened stakeholders theory", recognizing the importance of the different constituencies for the maximization of the firm … idea that the total value of the firm is maximized when the management maximize both the remuneration of the shareholders …
Persistent link: https://www.econbiz.de/10010854298
Cover Image
Optimal Hedging Strategies and Interactions between Firms
Loss, Frédéric - Université Paris-Dauphine (Paris IX) - 2012
product market. The paper shows that interactions between firms affect their hedging strategies. As a general rule, firms …' hedging demands decrease with the correlation between their internal funds and investment opportunities. Moreover, when a firm …
Persistent link: https://www.econbiz.de/10010712476
Cover Image
Firms, Shareholders, and Financial Markets
Mirman, Leonard J. - 2013
We study the influence of the financial market on the decisions of firms in the real market. To that end, we present a … model in which the shareholders portfolio selection of assets and the decisions of the publicly-traded firms are integrated … through the market process. Financial access alters the objective function of the firms, and the market interaction of …
Persistent link: https://www.econbiz.de/10013082813
Cover Image
Firms, Shareholders, and Financial Markets
Mirman, Leonard J. - 2013
We study the influence of the financial market on the decisions of firms in the real market. To that end, we present a … model in which the shareholders portfolio selection of assets and the decisions of the publicly-traded firms are integrated … through the market process. Financial access alters the objective function of the firms, and the market interaction of …
Persistent link: https://www.econbiz.de/10013092452
Cover Image
Creazione Di Valore Per Gli Shareholders E Gli Stakeholders : Una Fondazione Analitica Dei Principali Indicatori Di Valore (Creating Value for Shareholders and Stakeholders: An Ana...
Masera, Rainer - 2014
, developed both in academia and by leading consulting firm, to prove, under certain assumptions, that the creation of value for …
Persistent link: https://www.econbiz.de/10013066102
Cover Image
Independent Directors and Controlling Shareholders
Bebchuk, Lucian A. - 2017
increasingly rely on these directors to protect investors from controlling shareholder opportunism. In this Article, we argue that … firm's strategy. We explain how the Delaware courts, as well as other lawmakers in the United States and around the world …
Persistent link: https://www.econbiz.de/10012969875
Cover Image
It's My Stock and I'll Vote If I Want To : Conflicted Voting by Shareholders in (Hostile) M&A Deals
Gatti, Matteo - 2017
Persistent link: https://www.econbiz.de/10012969942
Cover Image
Horizontal Shareholding
Elhauge, Einer - 2016
Horizontal shareholdings exist when a common set of investors own significant shares in corporations that are horizontal competitors in a product market. Economic models show that substantial horizontal shareholdings are likely to anticompetitively raise prices when the owned businesses compete...
Persistent link: https://www.econbiz.de/10013004193
Cover Image
Myopic Investor Myth Debunked : The Long-Term Efficacy of Shareholder Advocacy in the Boardroom
Goodwin, PhD, Shane - 2014
-termism agenda is significantly restricted. Shareholder activists and their proponents claim they function as a disciplinary … funds generate substantial long term value for target firms and its long term shareholders when they function as a … shareholder advocate to monitor management through active board engagement …
Persistent link: https://www.econbiz.de/10013052574