-
We investigate whether improvement in Brazilian corporate governance practices is related to better performance of companies measured in its diverse dimensions. Dummy variables were used to identify firms with level 2 or 3 ADR programs and to represent participation in level 2 or the "new market" level of differentiated practices of corporate governance established by the São Paulo Stock Exchange. Significant statistical relationships were obtained for both dummy variables in relation to the performance measures, suggesting that the adhesion to programs which require improved corporate governance practices is associated with corporate performance.
... accounting, financial, and market indicators. According to Venkatraman and Ramanujam (1987), th...
-
... 2009 the Canadian Coalition for Good Governance (CCGG) reversed its opposition to shareholder prop...The RiskMetrics Governance Risk Indicators for measuring governance risk also takes into cons...
-
... system (includes a commitment to good governance, development, and poverty reduction--both national...Primary enrolment and gender equality indicators are lagging. Child health is improving but hot qui...
-
... with respect to issues of practical governance and continue their identity and status as a sovere... to the geophysical area of the Arctic, indicators such as the presence of permafrost, atmospheric co...
-
... to present internationally comparable indicators and best practices. (4) . This paper examines the ...
-
... Happened in Delaware Corporate Law and Governance from 1992-2004? A Retrospective on Some Key Develo... large cash flows and strong financial indicators, characteristics perceived by market analysts to m...
-
... for understanding how law, and governance more broadly,s promotes market activity. They prop... Zoido-Lobaton, "Aggregating Governance Indicators" (New York: World Bank Policy Research Working Pap...
-
The objective of this study is to analyze the relation between ownership concentration and corporate governance practices of a group of Canadian companies listed on the Toronto Stock Exchange. We rely on the corporate governance index developed by the Report on Business (ROB) in 2002. Our empirical results are consistent with the expropriation effect argument that predicts a negative relation between deviation from the one share-one vote rule and corporate governance best practices. In this context, the dominant shareholder has incentives to maintain weak internal controls in order to facilitate expropriation. In addition, consistent with prior research, our results give partial support to the substitution effect argument by showing a negative impact of ownership concentration on the bo...
... captures a wide variety of governance indicators. More precisely, the index distinguishes between f...
-
..., geography, politics, conflicts, and governance-making it difficult to tell whether a change in po...The OECD is considering 12 indicators as measurable benchmarks, and has proposed specifi...
-
...'s GDP have been used as the primary indicators for measuring allied contributions to collective d... NATO allies to promote stability and governance structures in central and eastern Europe. NATO as ...