The purpose of this study is to provide an empirical analysis of the relationship between ownership structure of French firms and their value. Using data for 510 French publicly traded firms, the current study provides evidence in support of the entrenchment hypothesis. The results show that large controlling shareholders maintaining grip on control while holding only a small fraction of cash f...

Abstract This paper focuses on the amount of dividends paid to shareholders by companies in different countries and examines whether being a country where legal system offers weak shareholder protection affects dividend payments distributed shareholders. The sample used for this study comprises 8,045 from 46 countries. Seven individual factors affecting were examined. Out seven factors, only tw...

This study extends agency theory by explaining the client's understanding of audit quality. contributes to literature examining effect wedge control-ownership on industry specialist auditors that have not been researched in Turkey. The interests minority and controlling shareholders are completely compatible. research analysis method used a logistic regression model, finding firms practice larg...

The paper examines the role of institutional investors in improving firm-level financial competitiveness by enhancing corporate governance. We employ multiple case study methods to analyze firm competitiveness. finds traces activism across different industries and their major governance issues. Thus, suggests that help landscape firm, which turn can impact In India, indicators principal–princip...

This study investigates the impact of minority shareholder protection on corporate dividend policy. On one hand, strong can be associated with a reduction in payment because shareholders want to receive more dividends mitigate agency costs. other weak lead an increase since shareholders, order protect themselves, may require company pay compensate for protection. Our sample consists 101 Vietnam...

This paper provides an empirical analysis of corporate governance (CG) efficiencies among Chinese listed companies (CLCs) under different types of ownership. Employing the data of over 700 CLCs in 2006, this study looks specifically into the effects of separation of controlling and residual claim rights upon CG (specifically management turnover) and firm performance under different shareholding...

The General Meeting of Shareholders (GMS) is the organ company that has highest authority in company, and all decisions relating to are stipulated through GMS after certain conditions have been met as laws regulations. purpose this research find out implementation Extraordinary (EGMS) legal consequences Implementation organized by PT. KOLINGKAS terms Law Number 40 2007 concerning Limited Liabil...

Scholars have long recognized that the states’ authority to charter corporations bolstered their antitrust powers in ways were not available federal government. Our paper contributes this literature by focusing attention on relevance for competition policy of lawsuits brought minority shareholders against own companies, especially challenging voting trusts. Historically judges had been reluctan...

OBJECTIVE To explore the prevalence of, characteristics of, and factors associated with forgetting of childhood sexual abuse memories in a large non-clinical sample (N = 1712). METHOD Using an anonymous survey, we asked respondents about (a) the nature and severity of their childhood abuse; (b) the continuity of their abuse memories; and (c) their experiences with others suggesting to them th...

Rape is a type of sexual assault that usually involves intercourse or another form penetration without the consent victim. The act can be committed by physical force, threat and abuse power.