show that informed ownership improves the quality of governance of the firm and induces value-enhancing decisions (less …

Is greater trading liquidity good or bad for corporate governance? We address this question both theoretically and … information concerns her own plans for taking an active role in governance. We show that an increase in the liquidity of the firm … governance. Empirical tests using three distinct sources of exogenous variation in liquidity confirm the negative relation …

This paper studies the governance of defined-benefit pension plans in the United Kingdom. We construct a governance …

governance practices. We show that the presence of politically connected directors somewhat neutralizes such potential negative … effects. PC firms are associated with good governance practices such as nonduality in their chairman and chief executive …

governance variables on firm performance. While the linkage between internal governance mechanism and firm performance is well … established in several studies, the interaction between internal and external governance mechanism has received scanty attention …

The aim of this article is to analyze current selected tendencies in Russian corporate governance system that have been … observed in the past few years. The corporate governance in Russia started formulating in the nineties of the 20th century as a … corporate control and capital markets. The authors also try to define the probable further changes in corporate governance …