Investment opportunity set to earning quality and firm’s value: Corporate governance mechanism as moderating variable.
نویسندگان
چکیده
منابع مشابه
Family Firms, Corporate Governance and Export
This paper investigates the effects of family ownership on export using rich data on Italian firms. We find that family ownership increases the probability that firms export. This benefit is especially pronounced when family owners retain control rights and seek the support of external managers. The results suggest that families better internalize the long-run benefits of internationalization, ...
متن کاملOutward foreign direct investment of publicly listed firms from China: A corporate governance perspective
This study examines the influence of key corporate governance factors on the internationalization decisions of emerging economy (EE) firms. By integrating the resource-based view and agency theory, it investigates the effects of controlling owner identity, non-controlling shareholder ownership, and the interactions of these with CEO power, in order to reveal their individual and joint effects o...
متن کامل3 Essays on Corporate Governance, Firm Value and Startegy: Evidence from Founding Family Firms
In my dissertation, I examine how the corporate governance structure may affect the firm value in the market for control and affect strategic behavior of the firm. Particularly, I focus on founding family business firms which have been largely understudied in the management literature. In my first essay, I empirically examine how founder management affects takeover premiums in mergers and acqui...
متن کاملStakeholder Capitalism, Corporate Governance and Firm Value∗
We consider the advantages and disadvantages of stakeholder-oriented firms that are concerned with employees and suppliers as well as shareholders compared to shareholderoriented firms. Societies with stakeholder-oriented firms have higher prices, lower output, and can have greater firm value than shareholder-oriented societies. In some circumstances, firms may voluntarily choose to be stakehol...
متن کاملUnderstanding Firm Value and Corporate Governance
An impressive volume of careful empirical studies finds evidence that the strength of firms’ corporate governance tends to be positively correlated with their financial performance; that is, firms that score higher on some measure of governance tend to outperform those which score worse. These findings are a puzzle insofar as we expect those who decide how a firm is organized, including its cor...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Corporate Ownership and Control
سال: 2017
ISSN: 1810-3057,1727-9232
DOI: 10.22495/cocv14i4c2art9