The Swedish corporate governance model differs from most others in that it makes the owners the companys ultimate decision-making authority.The Nominating Committee is chosen by the Annual Shareholder
Governments of developing countries often employ two related strategies to protect their interest and implement certain political agenda.First, they grant industries of national security interest a go
This paper selected block negotiated share transfer with control transfer in 1997-2012 as research objects to estimate private benefits of control in both non-circulation and circulation stock samples
Purpose-The problem of cross-subsidies may be resulted when the business group allocates resources through its internal capital market.The effects of the agency costs on cross-subsidies are empiricall
The expropriation of the small shareholders by the large shareholders is one of the most important questions in the field of corporate governance, by measuring the private benefits of control (PBC) co
Taking the listed companies of Chinas A-share markets from the year 2004 to 2011 as a sample, this paper intends to research the impact of ultimate controlling stake on earnings conservatism from the