Corporate governance in emerging markets: A survey

By Stijn Claessens, B. Yurtoglu. 2013

1,069 citations recorded by the source corpus.

Subfields: Accounting, Information Systems

View Paper: https://www.semanticscholar.org/paper/4d68df666b40eea16c0857d9fd4c53ef1af35852

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Citations in the corpus

How do the ownership structure and board of directors' features impact earnings management? The Spanish case (2020, background): “The lack of efficient corporate governance mechanisms triggers this managerial opportunistic behavior (Claessens & Yurtoglu, 2013).”
Governance of Family Firms (2015, background): “Claessens & Yurtoglu (2013) survey corporate governance in emerging markets and highlight that families in the East Asian countries usually own about 50% of a firm’s cash-flow rights, whereas in Latin America the ownership stake of the largest shareholder tends to be higher (more than 60% in…”
Governance, Efficiency and Risk Taking in Chinese Banking (2017, neutral): “Firstly, the literature on bank corporate governance in emerging markets is typically limited and existing studies largely focus on non-financial firms (Claessens & Yurtoglu, 2013).”
Bank Regulation, the Quality of Institutions, and Banking Risk in Emerging and Developing Countries: An Empirical Analysis (2014, methodology): “3 In this paper we use a sample of developing and emerging economies as these countries differ in a number of respects from industrial countries (Claessens and Yurtoglu, 2013) which may affect the extent to which bank regulation and supervision affect banking risk.”
Corporate governance reform and risk-taking: Evidence from a quasi-natural experiment in an emerging market (2020, background): “On the basis of this evidence, we argue that, in the absence of any actual delisting, the threat of being delisted as a penalty might not be robust enough to induce the expected changes in corporate behavior, particularly in the context of emerging markets (Dutcher, 2005; Dharmapala and Khanna, 2013”
How corporate governance affect firm value? Evidence on a self-dealing channel from a natural experiment in Korea (2015, neutral): “4 Claessens and Yurtoglu (2013) provide a recent survey.”
Varieties in state capitalism and corporate innovation: Evidence from an emerging economy (2021, background): “…controlling shareholder and the minority shareholders because, in China, the divergence between the controlling owners ’ cash flow rights and voting rights is mostly maintained through pyramid structures (Liu and Sun, 2005; Gugler et al., 2008; Fan et al., 2011; Claessens and Yurtoglu, 2013).”
Compliance and multidimensional firm performance: Evaluating the efficacy of rule-based code of corporate governance (2013, neutral): “The series of high profile corporate collapses (Claessens and Yurtoglu, 2012; Davies and Schlitzer, 2008; Lavelle, 2002) due to fraud and inadequate systems of check and balances brought the issue of governance in corporate form of the business in the spotlight.”
Shock-Based Causal Inference in Corporate Finance and Accounting Research (2015, methodology): “…(2016), study the evolution of researcher attention to endogeneity in corporate finance over 1970-2012, but focus on which methods are used, not whether they are used well.5 5In other related work, Claessens and Yurtoglu (2013) survey empirical corporate governance This paper proceeds as follows.”