1st Edition

Corporate Governance and Corporate Finance A European Perspective

784 Pages 24 B/W Illustrations
by Routledge

784 Pages 24 B/W Illustrations
by Routledge

784 Pages 24 B/W Illustrations
by Routledge

Ruud. A. I. van Frederikslust, Associate Professor of Finance, Rotterdam School of Management, Erasmus University Rotterdam James S. Ang, Bank of America Eminent Scholar, Professor of Finance, College of Business, The Florida State University Sudi Sudarsanam, Professor of Finance & Corporate Control, School of Management, Cranfield University   Ruud. A. I. van Frederikslust,... Read more

Part I: Differing Perspectives on Corporate Governance Frameworks

  1. Michael C. Jensen (1993), The modern industrial revolution, exit and the failure of internal control systems.
  2. Andrei Shleifer, Robert W. Vishny (1997), A survey of corporate governance.
  3. Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert Vishny (2000), Investor protection and corporate governance.
  4. James S. Ang, Rebel Cole, and James Wuh Lin (2000), Agency costs and ownership structure.
  5. Part II Equity Ownership and control, The role of Capital Structure and Institutional Investors

  6. Hiroshi Osano (1998), Security design, insider monitoring, and financial market equilibrium.
  7. Paolo F. Volpin (2002), Governance with poor investor protection: evidence from top executive turnover in Italy.
  8. Mara Faccio and Larry H. P. Lang (2002), The ultimate ownership of Western European corporations
  9. Mara Faccio and M. Ameziane Lasfer (2000), Do occupational pension funds monitor companies in which they hold large stakes?
  10. Part III Board Structure and Processes and Directors’ Remuneration

  11. Wayne R. Guay (1999), The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants.
  12. N. K. Chidambaran and Nagpurnanand R. Prabhala (2003), Executive stock option repricing, internal governance mechanisms, and management turnover,.
  13. John E. Core and David F. Larcker (2002), Performance consequences of mandatory increases in executive stock ownership.
  14. Julie Ann Elston and Lawrence G. Goldberg (2003), Executive compensation and agency costs in Germany.
  15. Part IV Governance Aspects of Corporate Restructuring, Corporate Funding and Cross-Holding

  16. Erik Lehmann and Jürgen Weigand (2000), Does the governed corporation perform better? Governance structures and corporate performance in Germany.
  17.  

  18. Jim Lai and Sudi Sudarsanam (1997), Corporate restructuring in response to performance decline: impact of ownership, governance and lenders.
  19. Gertjan Schut and Ruud van Frederikslust (2005), Shareholder wealth effects of joint venture strategies.
  20. Luc Renneboog (2000), Ownership, managerial control and the governance of companies listed on the Brussels stock exchange.
  21. Marc Goergen and Luc Renneboog (2003), Germany and UK: Why are the levels of controls so different in German and UK companies? Evidence from initial pubic offerings.
  22. Jorge Farinha (2003), Dividend policy, corporate governance and the managerial entrenchment hypothesis: An empirical analysis.
  23. Seok W. Lee (2002), Insider ownership and risk-taking behaviour at bank holding companies.
  24. Christian Leuz, Dhananjay Nanda and Peter D. Wysock (2003), Earnings management and investor protection: an international comparison.
  25. Part V. Corporate Governance and Takeover as Disciplinary Mechanism

  26. Rezaul Kabir, Dolph Cantrijn and Andreas Jeunink (1997), Takeover defences, ownership structure and stock returns: An empirical analysis with Dutch data.
  27. Tim Jenkinson and Alexander Ljungqvist (2001), The role of hostile stakes in German corporate governance.
  28. Paul Gompers, Joy Ishii and Andrew Metrick (2003), Corporate governance and equity prices.
  29. Julian Franks and Colin Mayer (1996), Hostile takeovers and the correction of managerial failure.
  30. Jay Dahya, John J. McConnell and Nickolaos Travlos (2002), The Cadbury Committee, corporate performance and management turnover.

Biography

Ruud A. I. van Frederikslust is Associate Professor of Finance at Erasmus University, the Netherlands.

James S. Ang is Professor of Finance at Florida State University, USA.

P. Sudi Sudarsanam is Professor of Finance and Corporate Control at Cranfield School of Management, UK.

"This academic research collection is an impressive anthology of current heory and empirical evidence on the topics of corporate governance and corporate finance from a European Perspective. ... An excellent resource for researchers, a useful reference for academic collections, and interesting reading for graduate students and practitioners, though knowledge of financial econometrics in required for a complete understanding." -- CHOICE August 2008 Vol. 45 (J. Fitzpatrick, SUNY Fredonia)