Results 161 to 170 of about 144,919 (285)

Mutual fund director compensation

open access: yesJournal of Financial Research, EarlyView.
Abstract We examine director compensation using a large sample of hand‐compiled U.S. mutual fund data. We find that director compensation is positively correlated with observable productive characteristics—workload, experience, and demographics—that capture the benefits from the directors’ monitoring effort.
John Adams   +2 more
wiley   +1 more source

Export cartels and domestic markets [PDF]

open access: yes
This paper considers the effect of monopoly-promoting export cartels on domestic production. It is argued that export cartels facilitate tacit collusion by monitoring defections more efficiently. This slackesn the incentive constraint of tacit collusion.
Christian Schultz
core  

Corporate social (ir)responsibility and firm risk: The role of corporate governance

open access: yesJournal of Financial Research, EarlyView.
Abstract We study how corporate governance moderates the relationship between corporate social responsibility (CSR), corporate social irresponsibility (CSI), and firm risk. We find that CSR reduces risk for firms with strong governance. In contrast, CSI increases firm risk more significantly for firms with stronger governance, suggesting that backlash ...
Craig Dunbar   +2 more
wiley   +1 more source

Divide and Conquer [PDF]

open access: yes
Tournaments are well known to be vulnerable to collusion as shown by the impossibility theorem in Ishiguro (2004), which asserts that efficient effort levels are impossible to be implemented through a collusion-proof contract. However, we argue that this
Zhijun Chen
core  

ESG, Bank Debt and Firm Value: A Signaling Perspective

open access: yesJournal of International Financial Management &Accounting, EarlyView.
ABSTRACT This paper delves into the influence of bank debt in shaping the relationship between environmental, social, and governance (ESG) performance and a firm's value. As a result of the superior informational and monitoring functions of bank borrowers in their lending relationships, we argue that a firm's degree of bank debt might signal the ...
Gabriel De la Fuente, Pilar Velasco
wiley   +1 more source

Ploughing for Justice: Land Return, Clientelism and Citizenship in Central Burma

open access: yesJournal of Agrarian Change, EarlyView.
ABSTRACT This article asks if clientelism is a form of citizenship in an agrarian society under military domination. It focuses on the efforts made by villagers in central Burma to recover land previously grabbed by force by the military state. A promise of land return during the political transition of the 2010s enabled dispossessed farmers to define ...
Stéphen Huard, Mya Dar Li Thant
wiley   +1 more source

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