love and rachinsky - 2007 - corporate governance, ownership and bank performance in emerging markets - evidence from russia and ukraine [rcgi]

... Corporate Governance, Ownership and Bank Performance in Emerging Markets: Evidence from Russia and Ukraine. * Inessa Love Development Research Group The World Bank Andrei Rachinsky ... 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine. 3 The survey included information on 8...

Ngày tải lên: 02/01/2015, 17:33

... 36.93, and 21.41 points respectively in the dividend- to-cash flow ratio. Our results for the remaining potential dividend determinants are in line with the corporate finance literature and expectations. ... literature both in dividend policy and in agency theory. In dividend policy, we show that corporate governance is a significant determinant of dividen...

Ngày tải lên: 02/01/2015, 17:33

... of the firms in Brazil. 12 Corporate Governance Index, Firm Valuation and Performance in Brazil Table 4 Corporate governance index descriptive statistics 2002 2001 2000 1999 1998 Financial reports ... of interest between large and small 2 Corporate Governance Index, Firm Valuation and Performance in Brazil shareholders. When large investors control...

Ngày tải lên: 02/01/2015, 17:33

... analytical and empirical researchers in accounting. Analytical * Corresponding author. Tel.: + 1-9 1 8-5 9 4-8 287; fax: + 1-9 1 8-5 9 4-8 281. E-mail address: engli@okstate.edu (L.L. Eng) . 027 8-4 254/03/$ - see ... directors. Voluntary disclosure is proxied by an ag- gregated disclosure score of non-mandatory strategic, non-financial and financial in- formation....

Ngày tải lên: 06/01/2015, 19:46

... Corporate Governance, Ownership and Bank Performance in Emerging Markets: Evidence from Russia and Ukraine. * Inessa Love Development Research Group The World Bank Andrei Rachinsky ... 50 in Russia and 47 in Ukraine, the average Herfindahl index is 0.32 in Russia and 0.28 in Ukraine. 3 The survey included information on 8...

Ngày tải lên: 06/01/2015, 19:47

... 36.93, and 21.41 points respectively in the dividend- to-cash flow ratio. Our results for the remaining potential dividend determinants are in line with the corporate finance literature and expectations. ... literature both in dividend policy and in agency theory. In dividend policy, we show that corporate governance is a significant determinant of dividen...

Ngày tải lên: 06/01/2015, 19:47

... of the firms in Brazil. 12 Corporate Governance Index, Firm Valuation and Performance in Brazil Table 4 Corporate governance index descriptive statistics 2002 2001 2000 1999 1998 Financial reports ... of interest between large and small 2 Corporate Governance Index, Firm Valuation and Performance in Brazil shareholders. When large investors control...

Ngày tải lên: 06/01/2015, 19:47

... governance and accountability, Jill Solomon, 2nd ed John Wiley & Sons, Chichester, UK (2007) , xvi + 386 pages, £ 30.99, €48.11, $65.00, ISBN 0-4 7 0-0 345 1-3 1. Introduction The dynamic concept of corporate ... author's view of the future direction of corpor ate governance and accountability, which touches upon investor activism, the global convergence in...

Ngày tải lên: 06/01/2015, 19:47

... Corporate Governance Principles and Recommendations 2nd Edition ASX Corporate Governance Council Disclaimer Although Council members and their related bodies corporate ( Council ) ... Chair, ASX Corporate Governance Council August 2007 3 Corporate governance in Australia What is corporate governance? Corporate governance is “the framework of ru...

Ngày tải lên: 06/01/2015, 19:47

... Moscow 117418, Russia Tel: (+7) 09 5-1 0 5-5 0-0 2, fax: (+7) 09 5-1 0 5-5 0-0 3, e- mail: arachinsky@cefir.ru 1 1. Introduction There is evidence that broad measures of firm-level corporate governance ... 2 Corporate Governance and Firms' Market Values: Time Series Evidence from Russia + BERNARD S. BLACK * University of Texas at Austin I...

Ngày tải lên: 06/01/2015, 19:48

... relationship between corporate governance and performance, by taking into account the inter-relationships among corporate governance, corporate performance, corporate capital structure, and corporate ownership ... theoretical and empirical literature in accounting and finance that considers the relations among corporate governance, management turnover, corporate pe...

Ngày tải lên: 06/01/2015, 19:48

... Statistică - Supliment nr. 4 /2014 64 Corporate Governance Corporate Governance Corporate Governance Corporate Governance at the at the at the at the Influence Influence Influence Influence ... Influence of the of the of the of the Corporate Performance? Empirical Evidence Corporate Performance? Empirical Evidence Corporate...

Ngày tải lên: 06/01/2015, 19:48

... control by the blockholders affects the quality of financial reporting. H 3: The control by the families affects the quality of financial reporting. H 4: The control by the State and the financial ... the effect of the governance mechanisms on the financial reporting quality for a sample of Tunisian firms. Specifically, we focus on the...

Ngày tải lên: 06/01/2015, 19:49

... the causes and effects of the Asian financial crisis and the role of banks and other financial institutions. A. Group affiliation Business groups are popular in Asia. Claessens et al. (2002b) ... earnings generally lack transparency and that adopting International Accounting Standards alone does not ensure high transparency. Does corporate transparency matter to stock return...

Ngày tải lên: 06/01/2015, 19:49

... 20433 Fax: (202) 52 2-2 422 Corporate Governance and Development — An Update Stijn Claessens and Burcin Yurtoglu Global Corporate Governance Forum Focus 10 FOCUS 10 Corporate Governance and Development An ... Corporate Governance and Development An Update viii This paper reviews the relationships between corporate governance and economic development...

Ngày tải lên: 06/01/2015, 19:49