Titlebook: Corporate Governance and Expected Stock Returns; Empirical Evidence f Andreas Schillhofer Book 2003 Deutscher Universit?ts-Verlag/GWV Fachv

靦腆

Weifeng Zhang,Zhen Pan,Ziyuan Wangdemia for some time in Anglo-Saxon literature, nowadays, Corporate Governance has moved from a special interest into all sections of the corporate sector and political scene. In Germany, the publication of the German Corporate Governance Code (GCGC) for publicly listed companies in early 2002 has further intensified the discussion.

偏離

Digitalis

恩惠

Governance Mechanisms and Firm Performance,hanisms. or into exante preventive and ex-post corrective control mechanisms.. The classification into internal and external mechanisms refers to whether the respective mechanism is initiated and conducted through internal institutionalized channels and procedures or through external parties beyond the control of the firm’s management.

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https://doi.org/10.1007/978-3-322-81560-6Asset Pricing; Corporate Governance; Cost of capital; Governance; Principal Agent Theory; Rating; Unterneh

令人不快

978-3-8244-7888-0Deutscher Universit?ts-Verlag/GWV Fachverlage GmbH, Wiesbaden 2003

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Empirical Evidence on the Relationship Between Corporate Governance and Expected Returns on Equity,The previous chapter has shown, both formally and on the basis of existing empirical studies, how Corporate Governance may affect the expected rate of return. It also has derived hypotheses to be tested here.

極大痛苦

have become more conscious of their rights of control in the portfolio companies. Whereas Anglo-American authors have done excellent work on the relationship between corporate governance and firm valuation, there is little empirical evidence on this topic in Germany. But recent works suggest that a