ISBN:
9781035303854
Sprache:
Englisch
Seiten:
1 Online-Ressource (xii, 183 pages)
,
illustrations
Paralleltitel:
Erscheint auch als
Paralleltitel:
Elektronische Reproduktion von Goergen, Marc, 1968 - Corporate governance and financial performance
DDC:
658.4
Schlagwort(e):
Rentabilität
;
Corporate Governance
;
Eigentümerstruktur
;
Börsengang
;
Deutschland
;
Großbritannien
;
Corporate governance
;
Corporations Investor relations
;
Going public (Securities)
;
Going public (Securities)
;
Deutschland
;
Großbritannien
;
Unternehmen
;
Corporate Governance
;
Investitionsneigung
Kurzfassung:
This important book presents a new original study of the German and UK financial markets. It addresses the relationship between corporate governance, ownership and financial performance in German and UK firms floated during the 1980s. Marc Goergen uses detailed company micro-data to examine the ownership and performance of each firm from the time of its flotation to six years later. He finds that the evolution of ownership depends on certain corporate characteristics and that differences in financial performance cannot be explained simply by differences in the concentration of ownership. The book sheds new light on the important issue of whether corporate ownership influences or is influenced by financial performance. The main findings of the book have important implications for public policy and the current public debate on corporate governance and the globalisation of financial markets. They are important for established financial markets and the transitional economies of Eastern and Central Europe as well as for international scholars interested in issues of corporate governance and the performance of firms
Beschreibung / Inhaltsverzeichnis:
Contents: Preface -- 1. Introduction -- 2. Theory and empirical research -- 3. The German and uk capital markets -- 4. The evolution of ownership and control in German ipo's -- 5. British and German IPO's - a comparison -- 6. Explaining the evolution of ownership -- 7. Do German firms have a better performance? -- 8. Conclusion and policy implications -- Bibliography -- Index.
Anmerkung:
Includes bibliographical references (pages 167-173) and index
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
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