In this paper the extent to which ownership structure and board characteristics influenced Taiwanese firms' decision to enhance board independence by appointing independent directors and supervisors is investigated. Our first finding supports the incentive-alignment hypothesis where ownership...

A panel of corporate ownership data, stretching back to 1902, shows that the Canadian corporate sector began the century with a predominance of large pyramidal corporate groups controlled by wealthy families or individuals. By mid-century, widely held firms predominated. But, from the 1970s on,...

This paper addresses two of the most important questions in the bidder's acquisition planning: Should they acquire a domestic or cross-border target? Acquire partial- or full-control? In the context of eight East and Southeast Asian countries with a takeover wave following the 1997-1998 Asian...