Results 131 to 140 of about 8,186 (320)
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue We investigate whether a quasi‐official minority shareholder, the China Securities Investor Services Center (CSISC), affects firms' investor relations management when it actively exercises its shareholder rights in listed firms. Research Findings/Insights We employ a machine learning–based algorithm to estimate response
Karel Hrazdil, Jiyuan Li, Xiang Zhang
wiley +1 more source
Strategic Implications of Board Interlocks: A Literature Review and Future Research Agenda
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue Board interlocks, stemming from directors' concurrent board appointments, have been viewed as a double‐edged sword that can generate both positive and negative effects, hinging on strategic outcomes and a multitude of contextual variables.
Joyce C. Wang
wiley +1 more source
Managerial compensation and the underinvestment problem
This paper studies the effect of managerial compensation terms on the well-known "underinvestment" incentive. We extend the Mauer and Ott (2000) real-option model of corporate expansion, and show that, when the manager maximizes the value of his ...
Kanagaretnam, Kiridaran, Sarkar, Sudipto
core
Classified Boards and Corporate Environmental and Social Performance
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue This study examines the relationship between classified boards and firms' environmental and social (E&S) performance. We ask whether the insulation associated with classified boards is related to firms' sustainability outcomes and whether external monitoring and investor horizon condition this relationship.
Lars Helge Haß +2 more
wiley +1 more source
The role of the dual holder in mitigating underinvestment [PDF]
, 2023 Roman Bohdan, Tarun K. Mukherjee
openalex +1 more source
Immigration Policy, Equilibrium Unemployment, and Underinvestment in Human Capital
We analyse the impact of different immigration policies on human capital investment in a search-theoretic model. This class of models features unemployment and underinvestment in human capital.
Christian Lumpe, Benjamin Weigert
core +1 more source
Ecological Adverse Selection Theory: A Structural Framework for Understanding Health System Inequity
Developing World Bioethics, EarlyView.ABSTRACT The inverse care law—the persistent pattern whereby those with greatest health need receive the least care—has remained stubbornly intact for over fifty years. Despite universal health coverage commitments, health systems continue to concentrate disadvantage in hospitals and exclude the most vulnerable from effective care.
George Rugare Chingarande
wiley +1 more source
Cost Asymmetry, Redundancy Underinvestment, and the Unintended Consequences of Environmental Regulation: Evidence from Indian Aviation [PDF]
Tarun Gangadhara
openalex +1 more source
HPR117 Underinvestment in Poland and Its Impact on Health Outcomes [PDF]
, 2023 I Yfantopoulos +4 more
openalex +1 more source
Economics &Politics, EarlyView.ABSTRACT We examine how state ownership and CEO financial incentives jointly condition the market valuation of acquisition‐related leverage adjustments in 2251 completed M&A deals by Chinese A‐share listed acquirers (2013–2023). Acquirers draw on spare financing capacity at deal completion, with larger leverage increases among underleveraged firms.
Chun I. Lin +3 more
wiley +1 more source