Блок «Корпоративное управление и корпоративные результаты: эмпирические доказательства на опыте развитых стран»
Abstract
The Second International conference “Corporate governance and sustainable business development: strategic roles of the boards” attracted a number of western academia. A part of presented research was based on data from developed markets. The authors offered for discussion empirical evidence on interdependence between corporate governance factors and performance of the companies. This review will cover four of presented papers, which are based on data gathered from developed capital markets: ·Paul Laux, Professor, College of Business and Economics, University of Delaware, USA. «Board structure and seasonal equity offerings: market reaction” ·Hugh Grove, Professor, University of Denver, USA. «Corporate governance and management compensation: market reaction to earnings manipulation announcements” ·Giovanni Urga, Professor, CASS Business School, City University, London). «When controlling shareholders live like kings? Telecom Italia evidence ». ·Michele Meoli, University of Bergamo, Italy. «Do rights issues defend minority interest? Empirical evidence from Italy. The following review will cover the major findings, uncovered by the authors, and interesting methodological solutions. Modern research in corporate governance rarely happens to be narrowly specialized. More of the research is multidisciplinary, which is a clear indication of thorough development of the topic in academic literature.