Issues in Corporate Governance and Finance

Erscheinungsjahr 2007
ISBN: 978-0-7623-1373-0
Verlag: Jai Press Inc.

Buch, Englisch, 512 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 885 g

While Advances continues to publish papers from any area of Finance, the focus of this issue is on corporate governance, broadly defined as the system of controls that helps corporations and other organizations effectively manage, administer, and direct economic resources. Papers deal with the role played by boards of directors, impact of ownership, executive compensation, and investor protection. Other papers deal with stock repurchases, default, banking, financial sector development, and the Asian financial crisis. Papers cover a wide range of international experience, including evidence from the U.S., Japan, Israel, Malaysia, China, and New Zealand.

- Papers cover a wide range of international experience
- This issue focuses on corporate governance

Autoren/Hrsg.

Hirschey, Mark

John, Kose

Makhija, Anil K.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung
• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensorganisation & Entwicklungsstrategien
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmenskultur, Corporate Governance
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing

Inhaltsverzeichnis

Managerial Power in the Design of Executive Compensation: Evidence from Japan.
Market Value Maximizing Ownership Structure when Investor Protection is Weak.
Corporate Governance and Performance of Banking Firms: Evidence from Asian Emerging Markets
On the Duty of Care of Institutional Investors: Evidence on Participation of Mutual Fund Managers in Shareholders Meetings in Israel.
Good Managers Invest More and Pay Less Dividends: A Model of Dividend Policy.
Corporate Downsizing and CEO Compensation.
External Monitoring Bodies View of Board Independence in the Newly Public Family Firms.
Ownership Structure, Financial Rent and Performance: Evidence from Malaysian manufacturing.
Board Director Configurations in Mutual Fund Sponsors: Early Evidence on Board-Level Performance.
Related Party Transactions, Weak Corporate Governance and Post-IPO Operating Performance: Chinese Evidence.
Black-Scholes-Merton, Liquidity, and the Valuation of Executive Stock Options.
Unobserved Heterogeneity and the Term Structure of Default.
Financial Sector Development and Sustainable Economic Growth in Regionally Co-Integrated Emerging Markets.
The Long-Term Risk Effects of the Graham-Leach-Bliley Act (GLBA) on the Financial Services Industry.
How Do Small Firms in Developing Countries Raise Capital? Evidence from Large- Scale Survey of Kenyan Micro and Small Scale Enterprises (MSEs).
United States Venture Capital Financial Contracting: Foreign Securities.
Operational Hedges and Foreign Exchange Exposure: The Experience of U. S. MNCs During the Asian Financial Crisis.
Share Repurchases in New Zealand.

Über Autor(innen)

Professor Makhija is chair of Fisher Colleges department of finance, and holds the Rismiller Endowed Professorship in Finance. His research and teaching interests are in the field of corporate finance, and focus on issues relating to capital structure, corporate governance, and investment policy. His work appears in such top professional journals as the Journal of Finance and the Journal of Financial Economics. His recent published research examines the role of banks in mergers & acquisitions, corporate governance in privatization in Eastern Europe, corporate diversification and financing decisions by public utilities, as well as economic value added as a performance metric. Makhija received a PhD in Finance from the University of Wisconsin-Madison.