You may have to Search all our reviewed books and magazines, click the sign up button below to create a free account.
Corporate governance reform is currently on the agenda in the European Union, the United States, Japan and in emerging market economies. This book takes a fresh look at the reform debate by focusing on the trade-offs involved in reconciling the diverging interests of shareholders, creditors and managers. It shows how effective corporate governance systems exploit complementarities between the incentives generated by the capital structure, the ownership structure, investor monitoring, takeover threats, and management compensation to minimize the sum of all agency costs facing the public corporation. The book combines a general theoretical treatment with a detailed study of the institutions of corporate governance in Germany, Japan and the United States and a critical assessment of recent reforms.
Very few countries require directors to be financially literate. This article investigates the determinants of boards' financial expertise using a sample of 95 non-financial French listed firms. We construct a measure of financial expertise based on educational and career background data for 943 individuals occupying 1,140 posts in our sample and explore the determinants of average per-firm financial expertise using a Tobit analysis. We find that average financial expertise is negatively associated with board type (two-tier versus one-tier) and growth opportunities and positively associated with board independence, ownership concentration, and institutional ownership. These findings are robust to sensitivity analyses.
Bahasa Inggris Maritim merupakan jenis English for specific Purposes yang tujuan utamanya adalah Untuk komunikasi di pekerjaan kemaritiman. Bahasa Inggris kemaritiman telah menjadi The Language of Seven Seas. Penguasaan keterampilan berkomunikasi dalam bahasa Inggris merupakan alat pendukung utama dalam penggunaan jargonjargon kemaritiman yang merupakan istilah umum yang sudah dikenali oleh pelaut internasional. Buku ini dirancang dengan menggunakan Communicative Approach yang berfokus pada peningkatan keterampilan berkomunikasi. Buku bahasa Inggris untuk kemaritiman ini bertujuan 1) untuk memenuhi kebutuhan spesifik peserta didik; 2) memanfaatkan metodologi dan kegiatan yang mendasari disiplin ilmu kemaritiman; 3) berpusat pada keterampilan menyimak dan berbicara. Buku ini secara khusus dirancang untuk pelajar dewasa, baik di tingkat sekolah menengah kejuruan kemaritiman maupun perguruan tinggi.
* The million-copy bestseller* * National Book Award finalist * * An instant New York Times Bestseller and one of their 10 Best Books of 2017 * * Selected for Emma Watson's Our Shared Shelf book club * 'This is a captivating book... Min Jin Lee's novel takes us through four generations and each character's search for identity and success. It's a powerful story about resilience and compassion' BARACK OBAMA. Yeongdo, Korea, 1911. Teenaged Sunja, the adored daughter of a fisherman, falls for a wealthy yakuza. He promises her the world, but when she discovers she is pregnant – and that her lover is married – she refuses to be bought. Facing ruin, she accepts an offer of marriage from a gentle minister passing through on his way to Japan. Following a man she barely knows to a hostile country where she has no friends, Sunja will be forced to make some difficult choices. Her decisions will echo through the decades. Spanning nearly 100 years of history, Pachinko is an unforgettable story of love, sacrifice, ambition and loyalty told through four generations of one family.
Privatization is under attack. Beginning in the 1980s, thousands of failing state-owned enterprises worldwide have been turned over to the private sector. But public opinion has turned against privatization. A large political backlash has been brewing for some time, infused by accusations of corruption, abuse of market power, and neglect of the poor. What is the real record of privatization and are the criticisms justified? 'Privatization in Latin America' evaluates the empirical evidence on privatization in a region that has witnessed an extensive decline in the state's share of production over the past 20 years. The book is a compilation of recent studies that provide a comprehensive analy...
Timber construction is one of the most prevalent methods of constructing buildings in North America and an increasingly significant method of construction in Europe and the rest of the world. Timber Engineering deals not only with the structural aspects of timber construction, structural components, joints and systems based on solid timber and engineered wood products, but also material behaviour and properties on a wood element level. Produced by internationally renowned experts in the field, this book represents the state of the art in research on the understanding of the material behaviour of solid wood and engineered wood products. There is no comparable compendium currently available on...
The contributors - top international scholars from finance, law and business - explore the role of governance, both internal and external, in explaining risk-taking and other aspects of the behavior of financial institutions. Additionally, they discuss market and policy features affecting objectives and quality of governance. The chapters provide in-depth analysis of factors such as: ownership, efficiency and stability; market discipline; compensation and performance; social responsibility; and governance in non-bank financial institutions. Only through this kind of rigorous examination can one hope to implement the financial reforms necessary and sufficient to reduce the likelihood and severity of future crises.
The chapters offer some important new insights into issues that will be of interest not only to the academic community but also to professionals involved in the preparation, structure and execution of such transactions, market regulators, and private a