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Advances in Financial Economics. Volume 15.
・ISBN 978-1-78052-788-8 hard US$ 165.99
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| 著者・編者 | Ferris, Stephen P. / John, K. / Makhija, A. K. (eds.), |
|---|---|
| 出版社 | (Emerald, UK) |
| 出版年月 | 2012 |
| ページ数 | 238 pp. |
| 言語 | ENG |
| ニュース番号 | <598-L237> |
解説
This volume contains eight empirical papers that examine corporate governance from a number of different perspectives. Howe et al investigate how governance can influence short- and long-term performance in the case of Special Purpose Acquisition Companies; Javakhadze et al analyze limits to convergence in international corporate governance practices; Barak and Lauterbach focus on the private benefits of control; and Dong examines the relation between the discipline of options and corporate debt and the design of executive compensation. Jiang et al measure the effect of R&D expenditures on bondholders; Gondhalekar et al examine the capital market response to financial restatements; Al-Khouri reports robust evidence that privately owned banks are more risky than government-owned banks; and Luo and Jackson conclude that the positive relationship between tunneling and executive compensation implies personal benefits for controlling shareholders at the expense of minority shareholders.