共找到 185,224 条论著文献

61、The Information Content of Regular Dividends and Share Buybacks for Market Value and Future Earnings in the UK

62、The Cadbury Committee recommendations on corporate governance - a review of compliance and performance impact

63、Accounting, Intangible Assets, Stock Market Activity, and Measurement and Disclosure Policy: Views from the UK

64、An Investigation into the Determinants of UK Board Structure Before and After Cadbury

65、CEO succession in the UK: An analysis of the effect of censuring the CEO-to-chair move in the Combined Code on Corporate Governance 2003

66、Demand for Voluntary Audit

67、Discretionary Accruals: Credible Signals or Chinese Whispers?

68、Changes in ownership and minority protection Governance lessons from the case of Telecom Italia

69、Corporate governance and informed trading

70、The market reaction to the appointment of outside directors An analysis of the interaction between the agency problem and the affiliation of director

71、The impact of research and development on relative performance evaluation in the UK

72、The value relevance and information content of cash and stock dividends in China

73、Corporate governance research: a contingency framework

74、Executive turnover in UK firms: the impact of Cadbury

摘要:AbstractThis study examines whether the Cadbury Committee recommendations regarding board structure have increased the power of boards to replace poorly performing CEOs. It also looks at whether institutional investors have become more proactive in this regard post-Cadbury. The study employs a comprehensive sample of UK listed firms between 1990 and 1995. Firm performance, CEO ownership and institutional ownership are found to be significantly related to the probability of non-routine top executive turnover. It appears that the managerial labour market is disciplining managers more quickly after Cadbury. However, there is no evidence that this is because boards have become more likely to remove CEOs following poor performance. Neither is any evidence found to support the assertions of institutional investors who claim to be more proactive since Cadbury. It is concluded that neither the Cadbury board structure reforms, nor the professed change in behaviour of institutional investors, has reduced the agency problem of managerial entrenchment in large UK firms.
展开
选择 引用 收藏

75、Shareholder wealth effects of CEO departures: evidence from the UK

摘要:This paper examines share price behaviour surrounding announcements of CEO departures from UK firms listed on the All Share Index between 1990 and 1995. We find that many firms choose not to announce CEO departures, and that these firms have poorer performance records, and higher chances of future failure, than those firms who officially announce CEO turnover to the London Stock Exchange. The market reacts negatively to announcements of top executive departures, especially when the CEO is dismissed or leaves to take up another job. Share price reactions to the disclosure of top executive departure are significantly affected by the financial risk of the firm and whether the board announces a replacement CEO.
展开
选择 引用 收藏

76、Discussion of Reactions of the London Stock Exchange to Company Trading Statement Announcement

77、Dividends in China

摘要:Why do firms pay dividends? This is a question that has long interested researchers, particularly since the dividend irrelevance proposition of Miller and Modigliani (1961) because, even though their theory (which relies on several assumptions) suggests investors are indifferent between a dollar distributed and a dollar retained in the firm, companies do pay dividends and this seems to be important to investors.
展开
选择 引用 收藏

78、Perceived competition, profitability and the withholding of information about sales and the cost of sale

79、Voluntary disclosure and its impact on share prices: Evidence from the UK biotechnology sector

80、Executive turnover in UK firms : the impact of Cadbury 2000

结果集较大,只显示前20,000条数据。修改检索词或筛选条件获取更精准结果。