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This paper is an attempt to evaluate the application of Corporate Governance framework issue within Public domain. It is an attempt to quantify the compliance of Greek companies with international best practices
Persistent link: https://www.econbiz.de/10014181545
Corporate governance is most often defined in terms of the roles, responsibilities, and interactions of top management and the board of directors. Using information on Macedonia, obtained through various sources, this study is an attempt on determining some of the factors that influence the...
Persistent link: https://www.econbiz.de/10014185616
This article brings into focus the impact of employee buyouts on corporate governance ten years after the large-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major social conflicts, it otherwise had a negative...
Persistent link: https://www.econbiz.de/10014221198
Using a unique sample of exchangeable bond issues carried out in seven countries since the 2000s, this paper investigates the role of hybrid debt in the privatization of state‑owned enterprises (SOEs) via government‑controlled investment vehicles. This research shows that so far, sixteen...
Persistent link: https://www.econbiz.de/10014339792
This study examines the incidence of earnings management around the privatizations of State Owned Enterprises in Pakistan during 1991-2005. Using the modified Jones model and a sample of large privatizations (minimum US$1 million), it shows that the sampled firms experienced increase in...
Persistent link: https://www.econbiz.de/10013013125
Persistent link: https://www.econbiz.de/10010334927
The Great Depression spurred State ownership in Western capitalist countries. Germany was no exception, the last governments of the Weimar Republic took over firms in diverse sectors. Later, the Nazi regime transferred public ownership and public services to the private sector. In doing so, they...
Persistent link: https://www.econbiz.de/10004971432
This text tries to assess the relation between the privatization and transnationalization processes in the Portuguese economy in the last two decades of the 20th century and the early 2151 century. It concludes that the privatization process changed the Portuguese economic system from a strong...
Persistent link: https://www.econbiz.de/10010740263
No abstract.
Persistent link: https://www.econbiz.de/10010685069
This paper conducts a cross-country empirical study of the impact of institutions and agency conflicts on ownership reforms and their implications for changes in performance and efficiency. We examine two main questions. First, we evaluate the effects of certain property rights and institutional...
Persistent link: https://www.econbiz.de/10010666256