This project examines whether the pricing of connected transactions is driven by tunneling purpose to benefit controlling shareholders at the expense of minority shareholders. I also explore whether the pricing decision is influenced by specific corporate governance and information disclosure characteristics.
The relation between ownership and corporate performance has been an important and debated subject within the corporate governance framework, for that it has received considerable attention previously. As the relation indicated by traditional agency theory is that ownership is an important determinant
The problem under investigation was: ethical issues in non-profit I governance. The participants in this study were: executive and non-executive directors of non-profit organizations in Hong Kong. The method, data gathering procedures and complete test names were: Pilot study – structured interview
Background and problem discussion: Sweden is one of the small open economies with flourishing venture capital investments. Much research has not been conducted into corporate governance in Sweden when venture capital is involved. I therefore studied how venture capital investments affect corporate
Until recently major part of FDI flows had been among developed economies with similar relative factor endowments, income levels and market institutions such as property rights regimes. Consequently, major theoretical streams of FDI in economics could simplify FDI as a substitute for
This thesis investigates the impact of internationalization on corporate governance in Japan. As a consequence of increasingly global competition, different systems of corporate governance come into direct contact with each other. The Japanese economy has become more international over the last two
Bankruptcy and subsequent collapse of Houston-based energy giant Enron in December 2001 on charges of hidden debt, inflated profits, questionable accounting and governance; marked the beginning of a new debate on the significance of corporate governance for organizational sustainability. Corporate governance is
This thesis develops an economic analysis of securities fraud. The thesis consists of a theory essay and an empirical essay. In the theory essay, I analyze a firm’s propensity to commit securities fraud and the real consequences of fraud. I show that