Results 41 to 50 of about 368,087 (412)
Shareholders and Firm Value for Manufacturing Companies Listed in Indonesia Stock Exchange
Journal of Economics, Business & Accountancy, 2020 Domestic institutional shareholders and foreign shareholders differently influence firm value. Using panel data from the manufacturing company listed in the Indonesia Stock Exchange (IDX), from 2014 to 2017, and regression analysis, these types of ...
Muhammad Rifky Santoso, Iskandar Muda
doaj +1 more source
Companies Should Maximize Shareholder Welfare Not Market Value
, 2017 What is the appropriate objective function for a firm? We analyze this question for the case where shareholders are prosocial and externalities are not perfectly separable from production decisions.
Oliver Hart, Luigi Zingales
semanticscholar +1 more source
The financial and green effects of cultural values on mission drifts in European social enterprises
Business Strategy and the Environment, Volume 32, Issue 1, Page 1-29, January 2023., 2023 Abstract The sustainable social enterprises (SEs) literature shows that SEs have to simultaneously pursue economic, social, and environmental aims. However, tensions between these objectives can make this a challenging task and lead towards mission drift. This work investigates if the cultural dimension can forecast the mission drift.
Paolo Esposito +2 more
wiley +1 more source
Research on the Impact of Executive Shareholding on New Investment in Enterprises Based on Multivariable Linear Regression Model [PDF]
arXiv, 2023 Based on principal-agent theory and optimal contract theory, companies use the method of increasing executives' shareholding to stimulate collaborative innovation. However, from the aspect of agency costs between management and shareholders (i.e. the first type) and between major shareholders and minority shareholders (i.e.
arxiv
Trading and Shareholder Democracy
The Journal of Finance, 2023 ABSTRACTWe study shareholder voting in a model in which trading affects the composition of the shareholder base. Trading and voting are complementary, which gives rise to self‐fulfilling expectations about proposal acceptance and multiple equilibria. Prices and shareholder welfare can move in opposite directions, so the former may be an invalid proxy ...
Levit, Doron +2 more
openaire +3 more sources
Environmental, Social and Governance investing: Does rating matter?
Business Strategy and the Environment, Volume 32, Issue 1, Page 30-41, January 2023., 2023 Abstract In the last decade, the demand for sustainable and social investments has improved. The mutual funds industry has responded to market needs by offering a number of investment products focused on Environmental, Social and Governance (ESG) companies.
Vincenzo Pacelli +2 more
wiley +1 more source
Conditions for exercising shareholders' right to ask questions [PDF]
Anali Pravnog Fakulteta u Beogradu, 2014 Law on Business Organizations from 2011 has significantly improved the regulation of shareholders' right to ask questions in Serbia. In contrast to the previous law from 2004, that has completely transferred regulation to companies which is why there was
Radović Vuk
doaj +1 more source
Which institutional investors drive corporate sustainability? A systematic literature review
Business Strategy and the Environment, Volume 32, Issue 1, Page 42-71, January 2023., 2023 Abstract In this article, we review recent archival research (66 studies) on the influence of institutional ownership (IO) heterogeneity on corporate sustainability. Relying on an agency‐theoretical framework, we differentiate between various types of IO and their nature.
Patrick Velte
wiley +1 more source
Asset Prices with Investor Protection and Survival Analysis of Shareholders in the Cross-Sectional Economy [PDF]
arXiv, 2021 In this paper, we consider a dynamic asset pricing model in a cross-sectional economy with two firms where a controlling shareholder cannot divert output in one firm with perfect investor protection for minority shareholders and where he can divert a fraction of output in the other firm with imperfect protection. After obtaining the parameters of asset
arxiv
Shareholder Bylaws, Shareholder Nominations, and Poison Pills [PDF]
SSRN Electronic Journal, 2005 Shareholder bylaws limiting or directing board action raise a tough and fascinating question of statutory interpretation under state law as well as an important policy question. In particular, over the last decade shareholders have sought to use bylaws to limit poison pills and to grant shareholders access to the corporate proxy materials to nominate ...
openaire +3 more sources