To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation

By Artyom Durnev, E. H. Kim. 2005

881 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a80878efb3d8b9e7a6f9acaa523e4ca5b08110a7

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Citations in the corpus

Auditor Choice in Politically Connected Firms (2014, neutral): “, 2002 and Durnev and Kim, 2005). Supporting their argument that information disclosure is a prerequisite to any civil or criminal action meant to enforce minority rights, Dyck and Zingales (2004) find that countries that impose better accounting standards benefit from lower private benefits of cont”
Family Ownership and Firm Performance: Empirical Evidence from Western European Corporations (2006, background): “One reason for the low significance of the ownership variable may be that cash-flow incentives matter more on continents and in economies that feature lower quality of minority shareholders protection (La Porta et al., 2002; Durnev and Kim, 2005) than in countries in Western Europe.”
Corporate Governance Indices and Firms' Market Values: Time Series Evidence from Russia (Корпоративное управление и рыночная стоимость: анализ временных рядов данных российских компаний) (Russian translation of English article) (2006, neutral): “This evidence comes from both single-country studies (Black, 2001 on Russia; Black et al., 2006a on Korea; Gompers et al., 2003 on the U.S.) and multicountry studies (Durnev and Kim, 2005; Klapper and Love, 2004).”
An Integrated Framework of Corporate Governance and Firm Valuation (2006, neutral): “See Durnev and Kim (2005) Table 5.”
To Regulate Or Not To Regulate? Early Evidence on the Means Used Around the World to Promote Gender Diversity in the Boardroom (2015, background): “Hermalin and Weisbach (2006) believe that none of these conditions are met in practice.”
Corporate social responsibility disclosure (CSRD) determinants of listed companies in Palestine (PXE) and Jordan (ASE) (2014, background): “Country factors, such as economic development status, cultural values and legal systems, have a substantial inﬂuence on corporate disclosure (Dong et al. 2007; Durnev and Han Kim 2005).”
Agency Costs of Free Cash Flow and the Effect of Shareholder Rights on the Implied Cost of Equity Capital (2010, background): “31 See Lambert, Leuz, and Verrecchia (2007), Easley and O’Hara (2004), and Lombardo and Pagano (2002a) for the theory and Botosan (1997), Francis, LaFond, Olsson, and Schipper (2004) and Francis, Khurana, and Pereira (2005) for the empirical evidence.”