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What Drives Corporate Governance Reform? Firm-Level Evidence from Eastern Europe

The authors study differences in the use of two corporate governance provisions - cumulative voting and proxy by mail voting - in a sample of 224 firms located in four Eastern European countries. The report finds a significant relationship between ownership structure, and the use of corporate govern...

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Bibliographic Details
Main Authors: Klapper, Leora F., Laeven, Luc, Love, Inessa
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
CAPITAL MARKETS
CASH FLOWS
CHARTER
CHARTERS
COMPANY
COMPANY LAW
CORPORATE FINANCE
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE MECHANISMS
CORPORATE OWNERSHIP
CORPORATE VALUE
CORPORATIONS
COUNTRY COMPARISON
DISCIPLINARY MECHANISMS
DISCLOSURE
EMERGING MARKETS
EMPIRICAL ANALYSIS
FINANCIAL SECTOR
FIRM SIZE
FIRMS
FOREIGN COMPANIES
FOREIGN INVESTORS
FOREIGN OWNERSHIP
GOVERNMENT OWNERSHIP
INVESTOR PROTECTION
LEGAL CHANGE
MANAGEMENT OWNERSHIP
MARKET VALUATION
PRIVATIZATION
PROFITABILITY
SHAREHOLDERS
SHAREHOLDING
SME
SME FINANCING
THEORY OF THE FIRM
VOTING
Online Access:http://documents.worldbank.org/curated/en/2005/05/5835446/drives-corporate-governance-firm-level-evidence-eastern-europe-drives-corporate-governance-reform-firm-level-evidence-eastern-europe
http://hdl.handle.net/10986/8248

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