Corporate Governance: Effects on Firm Performance and Economic Growth

By M. Maher, Thomas Andersson. 2000

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Corporate Governance and Innovation: A Survey (2012, positive): “…in unwanted takeover attempts will focus on projects with short-term Journal of Economic Surveys (2012) Vol. 26, No. 5, pp. 835–864 C© 2011 Blackwell Publishing Ltd payoffs and on visible activities, even at the expense of long-term corporate performance (Stein, 1988; Maher and Andersson, 2002).”
Comparative and International Corporate Governance (2010, background): “Other scholars differentiate between insider control by incumbent management, employees, and suppliers versus outsider control by shareholders and outside directors (Maher & Andersson, 1999 ).”