CORPORATE GOVERNANCE AND BANK CAPITAL STRUCTURE: Evidence from a cross-country analysis

Our main results support the conjecture that the ultimate controlling shareholders with excess control rights avoid issuing equity and instead draw on earnings

Variables definition: ROA=3-year rolling-window mean of the return on average assets; SDROA=3-year rolling-window standard deviation of the return on average assets; ZScore=measure

¶98 The details of this action reveal the workings of the rights “footprint.” We have described the key moments of the health care campaign, including the first meeting within

Table 1 shows the distribution of largest owner control and cash-flow rights for the 621 observations in our sample according to the control-rights measure used to

La figure 15 représente les coefficients de réflexion et de transmission en fonction de la fréquence de fonctionnement obtenu par la méthode WCIP et en considérant

Adverse implications of a firm’s geographic location may be reflected in large cash holdings, such that the controlling shareholder with larger excess control rights can

An interdisciplinary epistemic community, interdisciplinary and highly qualified, is developing around the negociations of the Development Agenda: researchers in law,