Corporate governance, agency problems and international cross-listings: A defense of the bonding hypothesis
By G. Karolyi. 2012
188 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/950e6a269ac23e6fe80c807e2ac8fc8d409b9c7b
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- G. Karolyi
- Miguel A. Ferreira
- Pedro Matos
- René M. Stulz
- Nuno Fernandes
- Craig Doidge
- Kevin J. Murphy
- Suman Neupane
Citations in the corpus
- Cross-Listing, Investment Sensitivity to Stock Price, and the Learning Hypothesis (2012, unknown): “25 See Karolyi (2010), Section 3, for a review of dissent empirical findings.”
- Are US CEOs Paid More? New International Evidence (2012, background): “In a survey paper, Karolyi (2010) identifies the key trade-off that firms face when they cross-list their stocks on the U.”
- Corporate governance reform and risk-taking: Evidence from a quasi-natural experiment in an emerging market (2020, background): “To overcome these deficiencies in governance, firms in developing markets choose to bond themselves credibly with the legal and financial institutions of developed markets by means of international crosslisting (Stulz, 1999; Coffee, 2002; Karolyi, 2012).”
- Corporate governance, law, culture, environmental performance and CSR disclosure: A global perspective (2020, unknown): “Since stringent security laws and enforcement make it harder and more costly for controlling shareholders or managers to obtain private benefits, those laws could effectively protect minority investors to exercise their rights and limit their expropriation by controlling shareholders (Karolyi, 2012).”
- The U.S. left behind? Financial globalization and the rise of IPOs outside the U.S. (2013, background): “SW, Doidge, Karolyi, and Stulz (hereafter DKS, 2007), and Stulz (2005, 2009) address the impact of financial globalization on IPO activity. They suggest that home country institutions may have opposite effects on domestic compared to global IPOs. That is, global IPOs can be used to overcome the adve”