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While many theories of accounts payable and receivable are related to firm performance, there has not been a direct …
Persistent link: https://www.econbiz.de/10010686774
The importance of corporate governance is gaining its momentum due to volatile business environment. The financial crisis showed that an efficient corporate governance practice, which can align and balance conflicting interests of various stakeholders (shareholders, creditors, customers,...
Persistent link: https://www.econbiz.de/10010687461
effects on firm performance. Focusing on the large stimulus program launched in the fall of 2008, we show that state … allocation. We also find that preferential access to debt financing does not help SOEs improve firm performance relative to that … of private firms. Political participation does however help improve private firms’ performance. These results lend …
Persistent link: https://www.econbiz.de/10010687618
We gauge the prevalence and performance of firms founded as employee spinoffs, relative to other new firms with and …
Persistent link: https://www.econbiz.de/10010688290
This paper examines empirically the impact of M&As on the post-merger performance of Greek merger-involved firms in the … long-run perspective. The post-merger performance of an extensive sample of acquiring listed firms is investigated with …) is employed, in order to measure firms' post-merger performance. The results revealed that six out of all the examined …
Persistent link: https://www.econbiz.de/10010691666
A number of studies have analysed the relationship between corporate governance mechanisms and firm performance but … performance with economic value added (EVA) as the primary performance measurement metric. Using data for NSE listed firms, we … conclude, in particular, that the board size has a significantly positive association with firm performance. …
Persistent link: https://www.econbiz.de/10010699260
throughout the economy and include contracts linking CEO pay directly to firm performance, annual bonus schemes, the posting of … performance bonds, and holding company stock. These incentive mechanisms appear to complement rather than substitute for one … another. The elasticity of pay with respect to company performance is one or more in two-fifths of the cases where CEO's have …
Persistent link: https://www.econbiz.de/10010700445
pay-performance link than previously estimated. This link is stronger, and more symmetric, for those firms in which …
Persistent link: https://www.econbiz.de/10010700455
This paper empirically investigates board meeting attendance and its effects on the performance of Taiwanese listed … themselves can enhance a firm’s performance but high attendance by their representatives has an adverse effect. Independence of … directors or a board is also positively associated with firm performance. These results largely hold even when the sample is …
Persistent link: https://www.econbiz.de/10010703260
Brazil using different performance indicators. In the first model, a multiple regression model estimated the effects of … establishing political and social stakeholder relations on firm performance, by comparing donating firms to a control group of non … intensity between firm and industry-level stakeholder orientations and performance on donating firms. In both tested models, our …
Persistent link: https://www.econbiz.de/10010631396