Titlebook: Corporate Governance; Essays in Honor of H Joachim Schwalbach Book 2001 Springer-Verlag Berlin · Heidelberg 2001 Agency Problem.Comparative

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Corporate Governance — The Viewpoint of a Large Institutional Investorhe long run. It means pursuing a well balanced relationship between the parties that are decisive for the company’s strategy and performance: the management, the supervisory board and the shareholders as owners of the company..It is emphasized that professional managers are . the better entrepreneur

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Working-Memory

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Machine Learning/AI as IoT Enablersher with many of the stylized facts of corporate finance, can be explained by private benefits. Private benefits create waste and inefficiency but they can also act as powerful commitment devices that overcome capital market failures. The paper argues that the evolution of institutional arrangements

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Lehlogonolo P. I. Ledwaba,Gerhard P. Hanckeacterizes the Japanese concept of the firm as ‘employee sovereignty’, in order to contrast it with the typical American concept of ‘shareholder sovereignty’. Though born in chaotic post-war conditions of the Japanese economy with much labor unrest, the concept and the practice of employee sovereignt

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Movement is Essential for Living Things,xecutive stock options contribute to the creation of shareholder value is unsolved so far. There is only limited empirical evidence of positive wealth effects for shareholders due to the introduction of option programs. One reason for the limited results of the empirical research so far could be the