In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the …

outside investors in a framework without and with debt. The paper highlights that debt is a governance variable, as it can … conflict between outside and controlling shareholders. It may self-regulate the two parties involved in a control contract. The …

We examine the relation between cash holdings, quality of governance and financial constraints. We find that firms with … positive correlation that exists between governance quality measures and the degree of financial constraint faced by the firm …. We show that governance quality has no impact on cash holdings by financially unconstrained firms. It does, however, have …

In this article, the author inverses the traditional approach (does corporate governance favour innovation …?) considering how innovation influences corporate governance in the European telecommunication sector. …