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020 _a9781783501212 (electronic bk.) :
_c£$66.95 ; <U+0080>89.95 ; $114.95
040 _aUtOrBLW
050 4 _aHG4026
_b.A38 2013
072 7 _aKC
_2bicssc
072 7 _aKFFH
_2bicssc
072 7 _aBUS104000
_2bisacsh
072 7 _aBUS027000
_2bisacsh
080 _a658.1
082 0 4 _a658.15
_223
245 0 0 _aAdvances in financial economics.
_nVol. 16
_h[electronic resource] /
_cedited by Stephen P. Ferris, John Kose.
260 _aBingley, U.K. :
_bEmerald,
_c2013.
300 _a1 online resource (272 p.)
490 1 _aAdvances in financial economics,
_x1569-3732 ;
_vv. 16
505 0 _aThe increase in CEO pay after large investments : is it purely rent extraction? / Zhan Jiang, Kenneth A. Kim, Yilei Zhang -- Who chooses board members? / Ali C. Akyol, Lauren Cohen -- The growth of global ETFs and regulatory challenges / Reena Aggarwal, Laura Schofield -- Overconfidence, corporate governance, and global CEO turnover / Hyung-Suk Choi ... [et al.] -- Human and social capital in the labor market for directors / George D. Cashman, Stuart L. Gillan, Ryan J. Whitby -- Dual class discount, and the channels of extraction of private benefits / Ben Amoako-Adu, Vishaal Baulkaran, Brian F. Smith -- A crisis of investor confidence : corporate governance and the imbalance of power / Richard L. Wise.
520 _aThis volume contains a set of empirical papers by a set of global scholars who examine corporate governance and market regulation from a variety of perspectives. Jiang, Kim and Zhang argue that in certain cases an ex post increase in CEO pay can prevent the ex ante problem of managerial underinvestment and thereby help to reduce the agency problems characteristic of modern firms. Akyol and Cohen focus on firms use of executive search firms versus allowing internal members to nominate new directors to serve on the board of directors. Choi, Ferris, Jayaraman and Sabherwal examine 361 CEO terminations occurring among the Fortune Global 500 firms during the years 2000 to 2006. Cashman, Gillan and Whitby investigate the labor market for corporate directors to better understand which director attributes are relevant for board selection. Baulkaran, Amoako-Adu and Smith analyze the link between the valuation discount of dual class companies and the channels through which private benefits can be extracted. Aggarwal examines ETFs and notes that the additional risks, complexity, and reduced transparency of these funds have attracted heightened attention by regulators.
588 0 _aPrint version record
650 7 _aBusiness & Economics
_xFinance.
_2bisacsh
650 7 _aEconomics.
_2bicssc
650 7 _aCorporate finance.
_2bicssc
650 0 _aCorporate governance.
650 0 _aCorporations
_xFinance.
700 1 _aFerris, Stephen P.
700 1 _aKose, John.
776 1 _z9781783501205
830 0 _aAdvances in financial economics ;
_vv. 16.
856 4 0 _uhttps://www.emerald.com/insight/publication/doi/10.1108/S1569-3732(2013)16
999 _c30888
_d30888