Advances in financial economics. Vol. 15

• Other Authors: Ferris, Stephen P., John, Kose, Makhija, Anil K.
• Format: Electronic eBook
• Language: English
• Published: Bingley, U.K. : Emerald, 2012.
• Series: Advances in financial economics.
• Subjects: Business & Economics > Economics > Comparative.; Business & Economics > Finance.; International finance.; Financial crises & disasters.; Corporate governance.; Corporations > Finance.
• Physical Description: 1 online resource (viii, 238 p.) : ill.
• ISBN: 9781780527895 (electronic bk.) :
• ISSN: 1569-3732

This volume contains eight empirical papers that examine corporate governance from a number of different perspectives. Howe et al investigate how governance can influence short- and long-term performance in the case of Special Purpose Acquisition Companies; Javakhadze et al analyze limits to convergence in international corporate governance practices; Barak and Lauterbach focus on the private benefits of control; and Dong examines the relation between the discipline of options and corporate debt and the design of executive compensation. Jiang et al measure the effect of R&D expenditures on bondholders; Gondhalekar et al examine the capital market response to financial restatements; Al-Khouri reports robust evidence that privately owned banks are more risky than government-owned banks; and Luo and Jackson conclude that the positive relationship between tunneling and executive compensation implies personal benefits for controlling shareholders at the expense of minority shareholders.