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Wymeersch, Eddy - 2009

Shareholders call for more attention after the crisis: confidence will have to be restored to convince them to … recapitalise the financial firms. Five topics are addressed here: shareholders should be able to effectively exercise their rights … calling on more stable, active institutional shareholders, an objective that may be at odds with “one share, one vote …

Persistent link: https://www.econbiz.de/10013153096

Financial crisis, shareholder protection and cash holdings

Quoc Trung Tran - In: Research in international business and finance 52 (2020), pp. 1-14

Persistent link: https://www.econbiz.de/10012548200

Factors that Contributed to Global Financial Crisis (GFC) and the Role of Shareholder Wealth Maximisation in GFC

Yahanpath, Noel - 2009

individuals and world level role models of financial crisis have been cited in this paper which provides evidences of information …

Persistent link: https://www.econbiz.de/10013156783

Shareholder liability and bank failure

Aldunate, Felipe; Jenter, Dirk; Korteweg, Arthur; … - 2021

results suggest that exposing shareholders to more downside risk can successfully reduce bank failure. …

Persistent link: https://www.econbiz.de/10012584232

International Evidence on Firm Level Decisions in Response to the Crisis : Shareholders vs. Other Stakeholders

Allen, Franklin - 2018

The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and across countries. We study firm-level decisions in France, Germany, Japan, the UK, and the US. We find significant differences between the response of US...

Persistent link: https://www.econbiz.de/10012931027

The Value of Stable Ownership During the Global Financial Crisis

Lardon, Andy - 2013

We investigate the value of stable ownership for a large sample of European firms from 2005 to 2010, using the global financial crisis as an exogenous shock and using pre-and post-crisis periods as benchmarks. Controlling for ownership concentration, we find that stable blockholder ownership...

Persistent link: https://www.econbiz.de/10013082454

Riding Out of a Financial Crisis : The Joint Effect of Trust and Corporate Ownership

Amore, Mario Daniele - 2020

We study how generalized trust shapes the ability of firms with different ownership forms to obtain trade financing and perform during a financial crisis. Exploiting geographic variations in trust across Italian regions and the occurrence of the 2008-09 financial crisis in a...

Persistent link: https://www.econbiz.de/10012854297

Firm exports, foreign ownership, and the global financial crisis

Eppinger, Peter S.; Smolka, Marcel - 2020

The exceptional export performance of foreign-owned firms is a well-established stylized fact, but the underlying mechanism is not yet fully understood. In this paper, we provide theory and empirical evidence demonstrating that this fact can be explained by ownership differences in access to...

Persistent link: https://www.econbiz.de/10012404685

The Global Financial Crisis, Family Control and Dividend Policy

Attig, Najah - 2020

Using newly collected data on the ultimate ownership structure of publicly traded firms in nine East Asian economies, we find that family control is negatively related to the dividend payout ratio. Family firms are less (more) likely to increase (omit) dividends than non-family firms. These...

Persistent link: https://www.econbiz.de/10012856800

Was the Crisis Due to a Shift from Stakeholder to Shareholder Finance? Surveying the Debate

Ferri, Giovanni - 2015

We discuss the literature on the shift from stakeholder to shareholder finance behind the Great Financial Crisis (GFC). Traditional banks generally maximized stakeholder value (STV). But before the GFC also many of them started maximizing shareholder value (SHV). Moving from STV to SHV often...

Persistent link: https://www.econbiz.de/10013024417