Common Ownership und Corporate GovernanceSteuer, SebastianWirtschaft und Wettbewerb
Complementarities in Corporate Governance: Ownership Concentration, Capital Structure, Monitoring and Pecuniary Incentives The paper shows that, as owners accumulate larger stakes and hence become less risk-tolerant, their incentives to monitor management are attenuated because... RP Heinrich - 《Ssrn Elect...
Therefore, by applying the setting of comment letters, we can better capture the impact of common ownership. Prior studies find that common ownership can affect coordination, market competition, and corporate governance among firms (Edmans et al., 2019; He and Huang, 2017; López and Vives, ...
跟老外学会计英语ACCA,你的英语进 ACCA Corporate and Business Law (LW) English Variant 16:01 Intention to Create Legal Relations, Representations, Contractual Terms 你的英语进步神奇 31:51 你的英语进步神奇,照此方法,精听-跟读-背诵-默写-笔译-口译、重复重复,重复 N次(N》100) 31:41 你的英语进步...
corporate governanceA growing body of evidence concludes that common ownership caused cooperation among firms to increase and competition to decrease. We take a closer look at fourdoi:10.2139/ssrn.3336343Lewellen, KatharinaLowry, MichelleSocial Science Electronic Publishing...
Moreover, there is no trade-off between discretionary accruals and real earnings management for such firms. Instead, we find that the common ownership reduces the supplier’s real earnings management as well. This effect is concentrated on the firms with poor governance. To establish causality, ...
Corporate GovernanceCommon OwnershipCompetitionInnovationEntryWe complement the literature on common ownership by presenting two new observations from entrepreneurial startups. First, given the increase in common ownershipEldar, OferGrennan, JillianSocial Science Electronic Publishing...
This study explores the determinants of common ownership. Drawing on two explanatory lenses, we suggest an information-based perspective and a competition-based perspective. We theorize on and empirically test both perspectives at the firm, industry, and country levels. Based on 14,372 observations ...
for the scandals to shareholders by the press.Research Findings/InsightsThe results reveal an institutional logic with a clear notion of what constitutes a "real owner," which is reminiscent of an understanding of ownership and control prevalent in the literature before the emergence of agency ...
This article surveys research on corporate governance, with special attention to the importance of legal protection of investors and of ownership concentration in corporate governance systems around the world. View PDFRead article online Corporate Ownership Around the World ...