Showing 1 - 10 of 194
Persistent link: https://www.econbiz.de/10009885063
empirical evidence that support the implications of the theory regarding the arguments for the corporate risk management …, if the costs of using corporate risk management instruments are less than the benefits provided via the avenues mentioned … in this paper, or any other benefit perceived by the market, then risk management is a shareholder-value enhancing …
Persistent link: https://www.econbiz.de/10009958023
This paper examines the reaction of the Athens Stock Exchange (ASE) to dividend announcements by a sample of firms listed at the FTSE/ATHEX 20 and FTSE/ATHEX Mid 40 for a fixed period 2004-2008. It also provides analytical information about the Greek Stock Market and the regulations underlying...
Persistent link: https://www.econbiz.de/10009958058
This paper analyses financial performance of companies considered as highly socially responsible. For this purpose, companies that compose the Spanish sustainability index FTSE4Good IBEX (as well as other IBEX indices) are examined. Two basic results can be highlighted: first, stocks of...
Persistent link: https://www.econbiz.de/10009958319
This paper aims to analyse the Basque Country companies' view about the financial valuation of intangibles relevance and its influence on business performance. To achieve this objective, a field study has been done with 440 telephone calls to Basque Country companies' financial managers. Then,...
Persistent link: https://www.econbiz.de/10009958321
Here we describe the origins, evolution and classification of stakeholders. It highlights the relationship created between the credit institution as a social organization and its various stakeholders, analyzing the importance attached to them. The field work was conducted through a questionnaire...
Persistent link: https://www.econbiz.de/10009958358
This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead … compensation ; delegated portfolio management ; nonmonotone incentive schemes ; non-monotone likelihood ratio property …
Persistent link: https://www.econbiz.de/10009959108
The aim of this paper is to analyze standards of good practice relating to operational risk management. Huge losses … errors in operational risk management caused growing interest in this area of science. New strategies of operational risk … management implemented in companies and institutions should function within the framework created by legal and corporate …
Persistent link: https://www.econbiz.de/10009959709
The aim of an enterprise is to increase its value. This growth can be achieved if initiated socially responsible activities improve the value drivers. The company's specificity, type of its environment and their mutual reactions create conditions conducive to improvement of the driving forces of...
Persistent link: https://www.econbiz.de/10009959722
This study investigated companies publicly listed in Taiwan from 2002 to 2010 to examine whether independent directors improve the quality of earnings and analyzed whether the control rights of a controlling shareholder mitigate the impact of independent directors on earnings quality. Empirical...
Persistent link: https://www.econbiz.de/10010148040