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Differences in bank regulations: the role of governance and corruption
bank regulations bank supervision corruption
2011/10/29
This paper provides a detailed explanation of cross-country differences in bank regulations and their sources. The results suggest that the patterns of bank regulations imply important differences bet...
Interactions between Corporate Governance, Bankruptcy Law and Firms Debt Financing: the Brazilian Case
debt cost of debt corporate governance bankruptcy
2009/9/25
This paper examines the relationship between corporate governance level and the bankruptcy law for such debt variables as firms’ cost of debt and amount (and variation) of debt. Our empirical results ...
Agency and Corporate Investment: The Role of Executive Compensation and Corporate Governance
Agency and Corporate Investment Executive Compensation Corporate Governance
2014/5/27
How do shareholder-manager conflicts affect corporate investment? According to the agency theory of the firm, shareholders design executive compensation contracts ex ante to minimize agenc...