Corporate Governance: Capital Raising最新文献_第3页

Stock Price Management and Share Issuance: Evidence from Equity Warrants 股票价格管理和股票发行:来自股权权证的证据

Corporate Governance: Capital Raising Pub Date : 2019-06-09 DOI: 10.2139/ssrn.2959187

Mary E. Barth, Kurt H. Gee, D. Israeli, Ron Kasznik

引用次数: 4

Common Ownership, Common Information Environment? 共同所有权，共同信息环境?

Corporate Governance: Capital Raising Pub Date : 2019-05-01 DOI: 10.2139/ssrn.3420932

I. Jang, Mahdi Mohseni, Sugata Roychowdhury, E. Sletten

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引用次数: 1

Corporate Governance of Banks, Performance, Market and Capital Structure 银行公司治理、绩效、市场与资本结构

Corporate Governance: Capital Raising Pub Date : 2019-02-24 DOI: 10.2139/ssrn.3340787

T. Lazarides

{"title":"Corporate Governance of Banks, Performance, Market and Capital Structure","authors":"T. Lazarides","doi":"10.2139/ssrn.3340787","DOIUrl":"https://doi.org/10.2139/ssrn.3340787","url":null,"abstract":"Many scholars have linked Corporate Governance (CG) and performance or CG, capital structure of banks or market structure. The decision to use the capital market or debt in order to obtain the necessary capital to finance firms’ operations is a critical factor for the formulation of corporate environment, because it contributes to the ownership concentration or diffusion and to corporate risk exposure level. The paper’s goal is to link all these three dimensions and to address the issue of whether performance and capital structure are the decisive factors of good corporate governance or vice versa and whether these dimensions are the drivers of banks’ financial health, strategic robustness and survival effectiveness. Furthermore, the paper is seeking to detect the differences (if any) among banking systems across Europe. To do that a double sample is selected (covering the period from 2004 to 2013). The first sample is comprised by European banks that merged. The second sample is comprised by European banks that survived the last merger & acquisition wave and the systemic shock of the double crises of 2002 and 2008. A combined ratio of performance (ROAA or ROEA) and debt to equity (DE or debt aggravation) is used to determine if there is a connection between capital structure and CG quality of banks. Panel data methodology is used. The econometric results show that there are no significant differences between the strata that are used for this research. There is no common factor or driver between the banking systems of Europe. This is an indication that the convergence theory of corporate governance systems is yet confirmed.","PeriodicalId":321552,"journal":{"name":"Corporate Governance: Capital Raising","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128134639","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Capital Structure, Agency Cost and Corporate Governance: Theoretical Linkages Under the Operational Framework of a Modern Company 资本结构、代理成本与公司治理:现代公司经营框架下的理论联系

Corporate Governance: Capital Raising Pub Date : 2019-02-15 DOI: 10.2139/ssrn.3333796

Zacharias G. Bragoudakis

引用次数: 0

Societal Trust and Corporate Investment Efficiency 社会信任与企业投资效率

Corporate Governance: Capital Raising Pub Date : 2019-01-06 DOI: 10.2139/ssrn.3329039

Linus Owusu Afriyie, Solomon Adza

引用次数: 1

Multiple Skills and Medium Enterprises’ Performance in Punjab Pakistan: A Pilot Study 巴基斯坦旁遮普省多重技能与中型企业绩效:一项试点研究

Corporate Governance: Capital Raising Pub Date : 2018-12-24 DOI: 10.32861/jssr.spi4.44.49

Israr Ahmad, S. Ahmad

引用次数: 77

Cash Holdings and Debt Structure 现金持有和债务结构

Corporate Governance: Capital Raising Pub Date : 2018-12-20 DOI: 10.2139/ssrn.3304617

Paolo Colla, Ying-Shing Lin, Florian Nagler

引用次数: 2

IPO Valuation: The International Evidence IPO估值:国际证据

Corporate Governance: Capital Raising Pub Date : 2018-12-01 DOI: 10.2139/ssrn.3327540

Sanjai Bhagat, Jun Lu, Srinivasan Rangan

{"title":"IPO Valuation: The International Evidence","authors":"Sanjai Bhagat, Jun Lu, Srinivasan Rangan","doi":"10.2139/ssrn.3327540","DOIUrl":"https://doi.org/10.2139/ssrn.3327540","url":null,"abstract":"We study the valuation of 6,199 IPOs during 1998-2015 for the following countries: Australia, Canada, China, Germany, India, Japan, U.K., and U.S. Net income is positively related to IPO valuation in each of the eight countries. The economic impact of net income is largest for Chinese IPOs and smallest for Australian IPOs. Book value is positively and significantly related to IPO valuation in only Canada, Germany, India, and U.S. Capital expenditure is significantly and positively related to IPO valuation in only Canada, Germany, India, U.K., and U.S. We find a positive and statistically significant relation between insider retention and IPO valuation only in China, Germany, U.K., and U.S.; positive but marginally significant relationship for India and Japan. Underwriter reputation has a positive and statistically significant relationship for IPOs only in China, Germany, India, U.K., and U.S. Net income is positively and statistically significantly related to IPO valuation during the years 1998-2015, and this relationship has strengthened over time. Capital expenditure is positively and significantly related to IPO value during 1998-2015, and this relation appears to be stable over time.","PeriodicalId":321552,"journal":{"name":"Corporate Governance: Capital Raising","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124815633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Entrenchment, Managerial Shirking, and Investment 堑壕，管理逃避和投资

Corporate Governance: Capital Raising Pub Date : 2018-08-22 DOI: 10.2139/ssrn.3239231

Keyang Daniel Yang

引用次数: 2

Capital Structure and Outreach Nexus of Microfinance Institutions: New Evidences from the Society of Muslim Economies 小额信贷机构的资本结构和外联关系:来自穆斯林经济社会的新证据

Corporate Governance: Capital Raising Pub Date : 2018-08-10 DOI: 10.2139/ssrn.3278443

I. Ahmed, Yusnidah Ibrahim, M. Minai

引用次数: 2