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In the literature on corporate social responsibility (CSR) the origin of the equity is seen as one the drivers of CSR. There is evidence of multinational corporations stimulating diffusion of CSR practices in a few emerging economies. There are no similar studies focusing on the Polish economy....
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this study supports the spillover hypothesis. This suggests that foreign institutional shareholders with extensive …
Persistent link: https://www.econbiz.de/10014233052
When a company establishes subsidiaries with capital provided by a third party, the subsidiaries' shareholders include … the parent company (controlling shareholders) and minority (noncontrolling) shareholders. When shareholders' interests are … conflicts among shareholders are called principal-principal (PP) conflicts. However, adopting stakeholder-oriented corporate …
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We investigate shareholders' reactions to the increased transparency of corporate tax haven activities in a hand …
Persistent link: https://www.econbiz.de/10012971953
We show that it is a signal of deal quality in cross-border M&A if acquirers have private equity firms as owners (‘PE backing'). As such, announcements of cross-border M&A deals by PE-backed acquirers are associated with positive stock price reactions, but only if targets are in poor...
Persistent link: https://www.econbiz.de/10013008279
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...
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