Bokov, Vassily; Vernikov, Andrej - Centre for Comparative Economics <London> - 2008
elements of corporate governance. We rely upon value-based managementtheory to test the hypothesis that expenses on corporate … governance system create shareholdervalue. The price at which share stakes are acquired by strategic foreign investors is for us …(P/BV) multiple, as the dependent variable. The set of corporate governance parameters whosemateriality for a would-be external …