Schauten, M.B.J.; Dijk, D.J.C. van; Waal, J-P. van der - Erasmus Research Institute of Management (ERIM), ERIM … - 2008
firms (FTSEurofirst 300 Index). We use Deminor ratings for Shareholder rights, Takeover defences, Disclosure and Board as … proxies for the quality of corporate governance. We find that the value of excess cash is positively related to the Takeover … (FTSEurofirst 300 Index). We use Deminor ratings for Shareholder
rights, Takeover defences, Disclosure and Board as proxies for the …