Showing 61 - 70 of 93,395
Persistent link: https://www.econbiz.de/10010797758
This paper aims at discussing the specificity of the banking governance and analysing the ownership structure of the …
Persistent link: https://www.econbiz.de/10010658841
In a study of the ownership of German corporations, we find a strong relation between board turnover and corporate … performance, little association of concentrations of ownership with managerial disciplining and only limited evidence that pyramid … structures can be used for control purposes. The static relation of ownership to control in Germany is therefore similar to the …
Persistent link: https://www.econbiz.de/10010661429
substantial amounts of equity and inside ownership diminished rapidly. Much of the equity issuance arose from share exchanges in … mergers and acquisitions and these in turn were the main cause of dilution of inside ownership. They relied on informal … financial markets and suggest that growth of equity and dispersion of ownership in the U.K. relied more on informal relations of …
Persistent link: https://www.econbiz.de/10010661436
We examine how ownership concentration and the separation of ownership and control affect market liquidity in France …
Persistent link: https://www.econbiz.de/10010706821
is distinct from the role of ownership structure. …
Persistent link: https://www.econbiz.de/10010719630
We examine how ownership concentration and the separation of ownership and control affect market liquidity in France …
Persistent link: https://www.econbiz.de/10008572210
This paper outlines the foundations of corporate governance.  The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of...
Persistent link: https://www.econbiz.de/10011152780
set of controlling shareholders' ownership stakes in Chile between 1990 and 2009. When a firm issues shares, the … controlling shareholder can either maintain or change his ownership stake depending on how many of the new shares he subscribes …
Persistent link: https://www.econbiz.de/10011039241
We study the impact of the ownership structure of a corporation on the characteristics and efficiency of the market for … restructuring control and ownership. We identify necessary and sufficient conditions for an efficient market, and describe the … is deposed. Corporations are also reluctant to assign full control and full ownership to a single stockholder, unless …
Persistent link: https://www.econbiz.de/10005551032