Identifying the Effect of Managerial Control on Firm Performance
Using a unique sample, we attempt to identify the consequence of the separation between inside ownership and control for firm performance. We exploit...
Read moreUsing a unique sample, we attempt to identify the consequence of the separation between inside ownership and control for firm performance. We exploit...
Read moreFirms can issue stocks classified in many ways. They can be classified in respect to voting rights, dividend rights, redemption rights, conversion...
Read moreThis paper estimates mutual funds’ preferences for governance structures, using data on proxy vote records. I elicit funds’ revealed preferences...
Read moreThis Article examines how corporate law treats legal entity boundaries in groups of companies. This is a critical question given that large...
Read moreShareholders of U.S. corporations have lost billions of dollars in acquisitions they never approved. In the United Kingdom the listing...
Read moreWe test the 'law matters' and 'legal origin' claims using a newly created panel dataset measuring legal change over time in a sample of developed and...
Read moreCurrently, the European approach addressing related party transactions is exclusively relying on the disclosure and partial control of the...
Read moreA central issue in evaluating the effects of corporate governance (CG) is how to measure it. Some researchers measure firm-level CG using...
Read moreIn 2008, share prices on U.S. stock markets fell further than they had during any one year since the 1930s. Does this mean corporate governance...
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