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Does More Power for Shareholders Undermine Board Stewardship?

World Bank - 2012

The level of shareholders' expertise and experience needs to be questioned as they wield greater clout and become more … deeply involved in strategic issues that should be the board's purview. This misdirected involvement distracts shareholders … from their principal and most important role: electing and overseeing boards. To play that role, shareholders must have the …

Persistent link: https://www.econbiz.de/10012556162

Reforming severance pay : an international perspective

Vodopivec, Milan (contributor); Holzmann, Robert (contributor) - 2011

"Severance pay, a program that provides compensation to workers on termination of employment, is the most widely used income protection program for the unemployed--yet it is often blamed for creating economic inefficiencies such as reducing employment and limiting access to jobs for...

Persistent link: https://www.econbiz.de/10011393815

Municipal Mergers and Associations

World Bank - 2022

This Equitable Growth, Finance and Institutions (EFI) note reviews international experiences and lessons in promoting local government mergers and municipal associations. It seeks to inform efforts to advance institutional reforms in Croatia and address the problem of low local government...

Persistent link: https://www.econbiz.de/10015113998

Corporate governance and bank performance : a joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership

Berger, Allen N. (contributor) - 2005

"The authors jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude...

Persistent link: https://www.econbiz.de/10010522568