Business, Management and Accounting
4 years ago

Corporate governance shapes shareholder value and creditor protection in global mergers.

2 views
Other publications TiSEM
Corporate governance and the agency costs of debt and outside equity
Peter G. Szilagyi

Paper Summary

The article explores how companies can reduce conflicts between owners and managers, and between shareholders and creditors. It looks at how different countries' laws affect bondholders during mergers, and how Dutch firms' ownership structures impact dividend payments. The study also examines the effectiveness of shareholder proposals in the US in addressing agency problems.

Related papers

Business, Management and Accounting
8 years ago

Unlocking Economic Growth: The Key to Corporate Governance Success

Tax Avoidance
3 views
Business, Management and Accounting
3 years ago

Unlocking Corporate Governance Secrets: How Shareholder Agreements Prevent Expropriation

Regulatory Competition
Corporate Governance
1 view
Business, Management and Accounting
3 years ago

Shareholders Lack Proper Incentives for Positive Business Outcomes, Study Finds.

Bankruptcy Law
Regulatory Competition
Corporate Rights
3 views