Empirical evidence on corporate governance in Europe: The effect on stock returns, firm value and performance

By Rob Bauer, Nadja Guenster, R. Otten. 2004

560 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/aec06f5a18a762e272c229c757cb2c81cee52b65

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Citations in the corpus

The Impact of Corporate Governance on IFRS Adoption Choices (2013, methodology): “5Corporate governance strength has been measured by means of these Deminor Ratings in prior studies such as Bauer et al. (2004), Bozec (2007), Florou and Galarniotis (2007), Vander Bau- whede and Willekens (2008) and Renders et al. (2010).”
Corporate governance and firm performance and value in Saudi Arabia (2012, background): “Governance indices have been constructed for developed markets (Gompers et al., 2003; Bauer et al., 2004) and for some emerging markets (Balasubramanian et al., 2010; Black et al., 2006; Klapper and Love, 2004), but not for Saudi Arabia.”
Corporate Governance, Principal‐Principal Agency Conflicts, and Firm Value in European Listed Companies (2012, unknown): “Consistent with prior research (Bauer et al., 2004; Klapper & Love, 2004; Renders et al., 2010), we use Tobin’s q as the measure of firm value.”
Endogeneity and the corporate governance - performance relation (2010, unknown): “Notes 1 While more recent studies recognize the existence of multiple agency conflicts within the firm (see, for example, Gompers et al., 2003, Bauer et al., 2003 and Bianco et al., 2007), the econometric techniques they employ suffer from the problems discussed above.”
Corporate social responsibility and corporate financial performance: Evidence from Korea (2010, methodology): “…in broader corporate social performance (Shapiro, 1992), a number of studies have elaborated on or empirically tested the instrumental stakeholder theory (Alexander and Buchholz, 1978; Berman et al., 1999; Bowman and Haire, 1975; Jones, 1995; Margolis and Walsh, 2003; Waddock and Graves, 1997).”
Compliance and multidimensional firm performance: Evaluating the efficacy of rule-based code of corporate governance (2013, unknown): “In contrast to Bauer et al. (2004), Bauwhede (2009) reported a positive relationship between operating performance and extent of compliance with international best practices.”
The impact of corporate governance on corporate performance: Evidence from Japan (2008, background): “For example, Ballon and Tomita (1988) and Kaplan (1994) show that 43.5% and 41.2% of firms, respectively, have no independent directors.”