To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation
Article Abstract:
Three firm attributes are identified that account for variation in corporate governance, disclosure practices, and degree of legal protection for investors: external financing, ownership structure, and investment opportunities. Research shows that in poor legal environments, firms adapt and establish efficient corporate governance practices.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
Corporate Governance and Equity Prices: Evidence from the Czech and Slovak Republics
Article Abstract:
The pattern of ownership concentration resulting from the voucher system of privatization and the secondary market are examined for the Czech and Slovak Republics. Topics include the voucher scheme; corporate governance in relation to firm performance and equity prices; and final ownership structure and prices.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Entrenchment and severance pay in optimal governance structures
Article Abstract:
The relationship among CEO severance packages, job security and incentive pay is discussed.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The effects of perceived product attributes on the perception of beef. Evaluating animal welfare with choice experiments: an application to Swedish pig production
- Abstracts: Corporate strategies and environmental regulations: an organizing framework. Proactive environmental strategies: stakeholder management perspective
- Abstracts: Modeling response to repetitive promotional stimuli. An integrated model of buyer-seller relationships. Market-focused strategic flexibility: conceptual advances and an integrative model
- Abstracts: The relationship of differential loci with perceived quality and behavioral intentions. A model of fan identification: antecedents and sponsorship outcomes
- Abstracts: C is for choice. Buy American, dollar rate, Iraq finance issues advance. Is the financial services industry a fraud ?