Burunciuc, Corina; Gonenc, Halit - In: Journal of Risk and Financial Management 14 (2021) 1, pp. 1-24
This study investigates the effect of corporate governance reforms protecting minority shareholders on the firm value measured by Tobin's Q. Using the difference-in-differences estimation and a large international sample from 65 countries for the period 2005-2018, the results show that the firm...