... crisis Board of directors Corporate finance D72 G21 G28 G38 The use of WoS has been the standard, whereas Google Scholar offered results of inconsistent accuracy (Falagas et al., 2008). Google Scholar presented all the benefits and drawbacks of the internet. It sometimes...

... diminishes CG adherence and thus weakens the nexus between CG and firm performance in hybrid system countries. Corporate governance Firm performance Board Transparency Management Insider ownership Hybrid system Civil law Hybrid model Corporate governance adherence G34 G38 L51 C33...

... Top-executive turnover G30 G38 Finally, we compare the sensitivity of blockholding to firm performance before and after the reform and show that blockholding is more sensitive to firm performance after the reform. Therefore, blockholders become more likely to sell their shares due...

... for corporate control Takeover likelihood G3 G32 G34 G38 The market for corporate control operates as a disciplinary mechanism, which both pressures managers to make decisions in the best interests of shareholders and acts as the court of last resort when other corporate governance...

... bonds Government relations Customer concentration types G21 G30 G38 The sample selects all firm-year information from the annual Compustat database from 1985 to 2012. This process excludes financials (SICs 6000-6999) and regulated utility firms (SICs 4900-4999). I require a firm to have...