Does Corporate Governance Matter? A Crude Test Using Russian Data

By Bernard S. Black. 2001

191 citations recorded by the source corpus.

Subfields: Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/7d3907ba2daf8897b9b3ee9976700001279fa5bd

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In Political Science and International Relations

Citations in the corpus

Does Having Women on Boards Create Value? The Impact of Societal Perceptions and Corporate Governance in Emerging Markets (2014, unknown): “governance (Khanna and Palepu, 2000; Black, 2001; Wei, 2003; Klapper and Love, 2004), and”
The Relationship between Corporate Governance and Value of the Firm in Developing Countries: Evidence from Bangladesh (2011, background): “According to Black (2001), Klapper and Love (2004), Gompers, et al., (2003) and Beiner and Schmid (2005), corporate governance plays an important role in improving the value of the firm and there is a direct relationship between the two in both developing and developed countries.”
To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation (2005, background): “2 The recent international studies include Black (2001) and Black, Jang, and Kim (2002), who demonstrate a strong relation between corporate governance and firm valuation in Russia and Korea; Doidge, Karolyi, and Stulz (2003), who show that foreign firms listed on U.S. stock markets are valued…”
Political Connections and Minority-Shareholder Protection: Evidence from Securities-Market Regulation in China (2010, background): “study of Russian firms, Black (2001) reports that a 1-standard-deviation increase”
Corporate Governance and Market Valuation in China (2003, unknown): “Most of them either use a small single-country sample (Black, 2001, and Gompers, Ishii, and Metrick, 2001) or multi-country samples that contain only the largest firms in each country (Durnev and Kim, 2002, and Klapper and Love, 2002).”
Empirical evidence on corporate governance in Europe: The effect on stock returns, firm value and performance (2004, unknown): “(2001) for the Netherlands and Black (2002) for Russia. These studies generally find a positive relationship between governance standards and firm value. Comparing the findings of these studies, it is worth noting that the relationship seems to be stronger in countries with less developed standards.”
The Impact of Corporate Governance and Financial Leverage on the Value of American Firms (2013, background): “The findings of this study lend some support to the findings of Black (2001), Gompers et al. (2003), Klapper and Love (2004), Mak and Kusnadi (2005), Sharma (2006), Pattanayak (2008), Rouf (2011), Gill and Mathur (2011a), Ryu and Yoo (2011), Cheng and Tzeng (2011), Adeyemi and Oboh (2011), and…”