create a website

Corporate Governance Structures, Control and Performance in European Markets : A Tale of Two Systems. (1999). Renneboog, Luc ; Crama, Y. ; Urbain, J-P., ; Renneboog, L. D. R., ; Leruth, L..
In: Discussion Paper.
RePEc:tiu:tiucen:fa209920-43a1-40ad-bf2e-fd8d8343ce24.

Full description at Econpapers || Download paper

Cited: 4

Citations received by this document

Cites: 52

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The price of power: Valuing the controlling position of owner-managers in French IPO firms. (2006). Schramade, Willem ; Roosenboom, Peter.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:12:y:2006:i:2:p:270-295.

    Full description at Econpapers || Download paper

  2. The Price Of Power: Valuing The Controlling Position Of Owner-Managers In French Ipo Firms. (2005). Schramade, W. L. J., ; Roosenboom, P. G. J., .
    In: ERIM Report Series Research in Management.
    RePEc:ems:eureri:1921.

    Full description at Econpapers || Download paper

  3. Corporate Performance and Governance in Malaysia. (2002). Khatri, Yougesh ; Leruth, Luc E ; Piesse, J.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2002/152.

    Full description at Econpapers || Download paper

  4. Ownership Strucure ad the Performance of Belgian Listed Firms. (2002). Hamadi, Malika.
    In: LIDAM Discussion Papers IRES.
    RePEc:ctl:louvir:2002015.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. - Other papers : * Alchian, A. and H. Demsetz (1972) : Production, information costs and economic organizatoin, American Economic Review 62 (5) : 777-795.

  2. - Preliminary research output by European Corporate Governance Network: Papers below currently unpublished, but forthcoming in Barca and Becht (editors): Ownership and Control: A European perspective (2000), in Oxford University Press.
    Paper not yet in RePEc: Add citation now
  3. * Banzhaf, J. F., III, (1965): Weighted voting doesn’t work: a mathematical analysis, Rutgers Law Review 19, 317-343.
    Paper not yet in RePEc: Add citation now
  4. * Banzhaf, J. F., III, (1966): Multi-member electoral districts – Do they violate the “One man – One vote’s ”principle?, Yale Law Journal 75, 1309-1338.
    Paper not yet in RePEc: Add citation now
  5. * Banzhaf, J. F., III, (1968): One man – 3,312 votes: a mathematical analysis of the electoral college ” , Villanova Law Review 13, 304-332.
    Paper not yet in RePEc: Add citation now
  6. * Barclay, M. J. and C. G. Holderness, 1989, Private benefits from control of public corporations, Journal of Financial Economics 25, 371-395.

  7. * Belgium : Becht, M. et al. (1998): Shareholding cascades: the separation of ownership and control in Belgium.
    Paper not yet in RePEc: Add citation now
  8. * Bianco, M. and P. Casavola (1999) : Italian Corporate Governance: Effects on financial structure and performance, European Economic Review (forthcoming).

  9. * Brennan, M. and J. Franks (1997) : Underpricing, ownership and control in initial public offerings of equity securities in the UK, Journal of Financial Economics 45, p. 391-413.

  10. * Carlin, W. and C. Mayer (1998) : Finance, Investment and Growth, Working paper, University of Oxford.
    Paper not yet in RePEc: Add citation now
  11. * Chen, N., Roll and Ross (1986): Economic forces and the stock market, Journal of Business 59, 386403.

  12. * Chirinko, R. S. and J. A. Elston (1995): Finance, control and profitability : an evaluation of German bank influence, Working paper Wissenschafszentrum Berlin Fur Sozialforschung.
    Paper not yet in RePEc: Add citation now
  13. * Crama, Y, L. Leruth, L. Renneboog, and J.-P. Urbain, (1999): Testing for threshold effects and simultaneity between the Z index of ownership structure and firm performance, mimeo, University of Maastricht.
    Paper not yet in RePEc: Add citation now
  14. * Cubbin, J. and D. Leech (1983): The effect of shareholding dispersion on the degree of control in British companies: Theory and measurement, The Economic Journal 93, 351-369.

  15. * Demsetz, H. and K. Lehn, (1985): The structure of corporate ownership: Causes and consequences, Journal of Political Economy 93, 1155-1177.

  16. * Dubey, P., and L. S. Shapley, (1979): Mathematical properties of the Banzhaf power index, Mathematics of Operations Research Vol 4, 2.

  17. * Edwards, J. and K. Fisher (1994) : Banks, finance and investment in Germany, Cambridge University Press.
    Paper not yet in RePEc: Add citation now
  18. * Edwards, J. and M. Nibler (1998) : Corporate governance in Germany: the effect of banks and large equityholders, Working paper.
    Paper not yet in RePEc: Add citation now
  19. * Fama, E. and K. French (1992): The cross-section of expected stock returns, Journal of Finance, vol.47 (2), 427-466.

  20. * France : Bloch, L. and E. Kremp (1998) : Ownership and voting power.
    Paper not yet in RePEc: Add citation now
  21. * Franks, J. and C. Mayer (1995) : Ownership and control, published in ‘Trends in Business Organization: Do participation and cooperation increase competitiveness?’, ed. Horst Siebert, published by J.C.B. Mohr (Paul Siebeck) Tuebingen.
    Paper not yet in RePEc: Add citation now
  22. * Franks, J. and C. Mayer (1996) : Hostile takeover and the correction of managerial failure, Journal of Financial Economics (40), 163-181.

  23. * Franks, J. and C. Mayer (1998) : Corporate Control in Germany, mimeo (London Business School).
    Paper not yet in RePEc: Add citation now
  24. * Franks, J., C. Mayer and L. Renneboog (1998): Who disciplines bad management? Working paper of Center for Economic Research, Tilburg University.

  25. * Gambarelli, G., (1991), “Political and Financial Applications of the Power Indices ” , in G. Ricci eds., Decision Processes in Economics, Springer-Verlag, Berlin-Heidelberg, 84-106.
    Paper not yet in RePEc: Add citation now
  26. * Germany : Becht, M. and E. Bohmer (1998) : Ownership and control in Germany.
    Paper not yet in RePEc: Add citation now
  27. * Grossman, S. J. and O. Hart (1986): The cost and benefits of ownership: a theory of vertical and lateral integration, Journal of Political Economy 94, 691-719.

  28. * Hart, O. (1995a): Corporate Governance : some theory and implications, Economic Journal 105 (430), 678-689.

  29. * Hart, O. (1995b) : Firms, contracts, and financial structure, Clarendon Lectures in Economics, Oxford and New York: Clarendon Press.
    Paper not yet in RePEc: Add citation now
  30. * Hart, O. and J. Moore (1990): Property rights and the nature of the firm, Journal of Political Economy 98, 1119-1158.

  31. * Italy : Bianchi, M., M. Bianco and L. Enriques (1998), Ownership, pyramidal groups and separation between ownership and control in Italy.
    Paper not yet in RePEc: Add citation now
  32. * Italy : Brioschi, F. (1998): Ownership and value in markets with interlocking ownership.
    Paper not yet in RePEc: Add citation now
  33. * Jensen, M. and W. Meckling (1976) : Theory of the firm : managerial behavior, agency costs and ownership structure, Journal of Financial Economics 3 (4), 305-360.

  34. * Kan, R., and C. Zhang (1999) Two-Pass tests of Asset Pricing Models with Useless Factors, Journal of Finance, 54, 203-236.

  35. * Kim, D., (1995) The Errors in Variables Problem in the Cross-Section of Expected Stock Returns, Journal of Finance, 50, 1605-1634.

  36. * La Porta, R., F. Lopez-De-Silanes, A. Shleifer and R. Vishny (1996) : Law and finance, NBER Working paper 5661.

  37. * La Porta, R., F. Lopez-De-Silanes, A. Shleifer and R. Vishny (1997) : Legal determinants of external finance, Journal of Finance, vol. 52, July, 1131-1150 * Martin, J. and J. J. McConnell (1991): Corporate Performance, Corporate Takeovers and Management Turnover, Journal of Finance 46, 671-687.

  38. * Milgrom, P. and J. Roberts (1992) : Economics, organization and management, Journal of Finance 47 (3), 1121-1140.
    Paper not yet in RePEc: Add citation now
  39. * Netherlands : De Jong, A., R. Kabir, T. Mara, and A. Roell (1998): Ownership and control in the Netherlands.

  40. * Owen, G. (1982), Game Theory. New York: Academic Press.
    Paper not yet in RePEc: Add citation now
  41. * Renneboog, L. (2000), Ownership, Managerial Control and the disciplining of poorly performing companies listed on the Brussels Stock Exchange, Journal of Banking and Finance, forthcoming.

  42. * Roe, M. (1994) : Strong managers, weak owners. The political roots of American corporate finance, Princeton University Press.
    Paper not yet in RePEc: Add citation now
  43. * Spain : Crespi, R. and M. Garcia-Cestona (1998) : Ownership and control : A Spanish survey.

  44. * Stapledon, G. (1996). Institutional Shareholders and Corporate Governance. Oxford: Clarendon Press.
    Paper not yet in RePEc: Add citation now
  45. * Sweden : Agnblad, J., E. Berglof, P. Hogfeldt and H. Svancar (1999) : The Swedish model at a crossroads – Family and bank control through dual class shares meets international capital.
    Paper not yet in RePEc: Add citation now
  46. * UK : Goergen, M. et al. (1998) : Strong managers and passive institutional investors in the UK.

  47. * US : Becht, M. (1998) : Beneficial ownership in the United States.
    Paper not yet in RePEc: Add citation now
  48. * Wymeersch, E. (1994) : Elements of comparative corporate governance in Western Europe, published in Aspects of Corporate Governance, eds. M. Isaksson and R. Skog, Juristforlaget, Stockholm.
    Paper not yet in RePEc: Add citation now
  49. * Zwiebel, J., 1995, “Block Investment and partial benefits of corporate control”, Review of Economic Studies, 62, 161-185.

  50. *Becht, M. (1999) : European Corporate Governance: trading off liquidity against control, European Economic Review.

  51. *Edwards, J. and S. Ogilvie (1996) : Universal banks and German industrialization: a reappraisal, Economic History Review 49, 427-464.

  52. Some papers to be included: * Austria : Gugler, K., S. Kalss, A. Stomper and J. Zechner (1998): The separation of ownership and control: an Austrian perspective.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Transactions Cost Theory influence in strategy research: A review through a bibliometric study in leading journals. (2010). Serra, Fernando ; Ferreira, Manuel ; Martins, Rodrigo ; Li, Dan ; Andre da Silva Leite, .
    In: Working Papers.
    RePEc:pil:wpaper:61.

    Full description at Econpapers || Download paper

  2. Corporate governance in the multinational enterprise: A financial contracting perspective. (2010). Jindra, Bjoern ; Dietrich, Diemo.
    In: International Business Review.
    RePEc:eee:iburev:v:19:y:2010:i:5:p:446-456.

    Full description at Econpapers || Download paper

  3. Division of Labour and Directed Production. (2005). Schnedler, Wendelin ; Ratto, Marisa.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp1669.

    Full description at Econpapers || Download paper

  4. Worker Heterogeneity, Intra-firm Externalities and Wage Compression. (2005). Zoega, Gylfi ; Booth, Alison.
    In: Birkbeck Working Papers in Economics and Finance.
    RePEc:bbk:bbkefp:0515.

    Full description at Econpapers || Download paper

  5. Division of Labor, Organizational Coordination and Market Mechanism in Collective Problem-Solving. (2003). Marengo, Luigi ; Dosi, Giovanni.
    In: LEM Papers Series.
    RePEc:ssa:lemwps:2003/04.

    Full description at Econpapers || Download paper

  6. Specialization, Firms, and Markets: The Division of Labor Within and Between Law Firms. (2003). Garicano, Luis ; Hubbard, Thomas N..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9719.

    Full description at Econpapers || Download paper

  7. The Firm as a Pool of Factor Complementarities. (2003). Snower, Dennis.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp882.

    Full description at Econpapers || Download paper

  8. Consistency in Organization. (2003). Schlicht, Ekkehart.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp718.

    Full description at Econpapers || Download paper

  9. The Firm as a Pool of Factor Complementarities. (2003). Snower, Dennis.
    In: Working Paper Series.
    RePEc:hhs:iuiwop:0598.

    Full description at Econpapers || Download paper

  10. The Firm as a Pool of Factor Complementarities. (2003). Snower, Dennis.
    In: Seminar Papers.
    RePEc:hhs:iiessp:0725.

    Full description at Econpapers || Download paper

  11. A resource based interpretation of performance enhancing capital structure changes: The O.M. Scott LBO revisited. (2003). Wirtz, Peter.
    In: Working Papers CREGO.
    RePEc:dij:wpfarg:1030302.

    Full description at Econpapers || Download paper

  12. A Legal Basis for Workers as Agents: Employment Contracts, Common Law, and the Theory of the Firm. (2002). James, Harvey.
    In: Law and Economics.
    RePEc:wpa:wuwple:9705001.

    Full description at Econpapers || Download paper

  13. Shirking and Motivations in Firms: Survey Evidence on Worker Attitudes. (2002). Minkler, Lanse.
    In: Working papers.
    RePEc:uct:uconnp:2002-40.

    Full description at Econpapers || Download paper

  14. Shirking and Motivation in Firms: Survey Evidence on Worker Attitudes. (2002). Minkler, Lanse.
    In: Working papers.
    RePEc:uct:uconnp:2002-37.

    Full description at Econpapers || Download paper

  15. Bottom-Up vs. Top-Down Policies towards the Commercialization of University Intellectual Property. (2002). Henrekson, Magnus ; Goldfarb, Brent.
    In: SSE/EFI Working Paper Series in Economics and Finance.
    RePEc:hhs:hastef:0463.

    Full description at Econpapers || Download paper

  16. Organizational Design, Technology and the Boundaries of the Firm. (2002). Halonen-Akatwijuka, Maija.
    In: Bristol Economics Discussion Papers.
    RePEc:bri:uobdis:02/540.

    Full description at Econpapers || Download paper

  17. Incentive Contracting versus Ownership Reforms: Evidence from Chinas Township and Village Enterprises. (2000). WANG, YIJIANG ; McCall, Brian ; Chun Chang Yijiang Wang, .
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:2001-365.

    Full description at Econpapers || Download paper

  18. The Governance of the New Enterprise. (2000). Zingales, Luigi ; Rajan, Raghuram.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7958.

    Full description at Econpapers || Download paper

  19. Contractibility and Asset Ownership: On-Board Computers and Governance in U.S. Trucking. (2000). Hubbard, Thomas N. ; Baker, George P..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7634.

    Full description at Econpapers || Download paper

  20. The Visible Hand, the Invisible Hand and Efficiency. (2000). Gorton, Gary ; Goldman, Eitan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7587.

    Full description at Econpapers || Download paper

  21. The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms. (2000). Zingales, Luigi ; Rajan, Raghuram.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:7546.

    Full description at Econpapers || Download paper

  22. The Employment Relationship versus Independent Contracting: On the Organizational Choice and Incentives. (2000). Mumcu, Ayşe.
    In: Econometric Society World Congress 2000 Contributed Papers.
    RePEc:ecm:wc2000:1333.

    Full description at Econpapers || Download paper

  23. A Resource-Based Analysis of IT Oursourcing. (2000). Roy, Vital ; Aubert, Benoit.
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:2000s-30.

    Full description at Econpapers || Download paper

  24. The Illusion of Trust and Performance. (2000). Aubert, Benoit ; Kelsey, Barbara L..
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:2000s-03.

    Full description at Econpapers || Download paper

  25. The Size of Employee Stakeholding in Large UK Corporations. (1999). Rayton, Bruce ; Seaton, Jonathan S..
    In: Labor and Demography.
    RePEc:wpa:wuwpla:9612001.

    Full description at Econpapers || Download paper

  26. The Roles of Government and Nonprofit Suppliers in Mixed Industries. (1999). Kapur, Kanika ; Weisbrod, Burton A..
    In: IPR working papers.
    RePEc:wop:nwuipr:99-9.

    Full description at Econpapers || Download paper

  27. Missing Market in Labor Quality: The Role of Quality Markets in Transition. (1999). jefferson, gary.
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:1999-260.

    Full description at Econpapers || Download paper

  28. The Value of MFN Treatment to Developing Countries. (1999). Slivinski, Al ; Perroni, Carlo ; Ghosh, Madanmohan.
    In: University of Western Ontario, Departmental Research Report Series.
    RePEc:uwo:uwowop:9916.

    Full description at Econpapers || Download paper

  29. Whos minding the store? motivating and monitoring hired managers at small, closely held firms: the case of commercial banks. (1999). Spong, Kenneth ; Deyoung, Robert.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-99-17.

    Full description at Econpapers || Download paper

  30. More than two are a crowd. Different paths to effectiveness in dyadic and multi-party joint ventures. (1999). Garcia-Canal, Esteban ; Valdes, Ana ; Ario, Africa.
    In: IESE Research Papers.
    RePEc:ebg:iesewp:d-0385.

    Full description at Econpapers || Download paper

  31. Voting on Abortion in the House of Commons: A Test for Legislator Shirking. (1999). Longley, Neil.
    In: Canadian Public Policy.
    RePEc:cpp:issued:v:25:y:1999:i:4:p:503-521.

    Full description at Econpapers || Download paper

  32. A Resource Based View of the Information Systems Sourcing Mode. (1999). Roy, Vital ; Aubert, Benoit.
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:99s-34.

    Full description at Econpapers || Download paper

  33. Understanding Ownership Residual Rights of Control and Appropriable Control Rights. (1999). Foss, Nicolai.
    In: DRUID Working Papers.
    RePEc:aal:abbswp:99-4.

    Full description at Econpapers || Download paper

  34. Understanding Leadership A Coordination Theory. (1999). Foss, Nicolai.
    In: DRUID Working Papers.
    RePEc:aal:abbswp:99-3.

    Full description at Econpapers || Download paper

  35. Uncertainty, Difficulty, and Complexity. (1998). Page, Scott E..
    In: Research in Economics.
    RePEc:wop:safire:98-08-076e.

    Full description at Econpapers || Download paper

  36. The Rise of Multiunit Firms in U.S. Manufacturing. (1998). Kim, Sukkoo.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:6425.

    Full description at Econpapers || Download paper

  37. Weak Property Rights and hold-up in R&D.. (1998). Anand, Bharant N. ; Galetovic, Alexander.
    In: Documentos de Trabajo.
    RePEc:edj:ceauch:39.

    Full description at Econpapers || Download paper

  38. Firms and the Coordination of KnowledgeSome Austrian Insights. (1998). Foss, Nicolai.
    In: DRUID Working Papers.
    RePEc:aal:abbswp:98-19.

    Full description at Econpapers || Download paper

  39. Technological Interdependencies,Specialization and Coordination A Property Rights Perspective on The Nature of the Firm. (1998). Foss, Kirsten.
    In: DRUID Working Papers.
    RePEc:aal:abbswp:98-10.

    Full description at Econpapers || Download paper

  40. A Tale of Two Wages: Separating Contract from Governance. (1997). James, Harvey.
    In: Microeconomics.
    RePEc:wpa:wuwpmi:9705001.

    Full description at Econpapers || Download paper

  41. How competition controls team production: The case of fishing firms. (1997). Arruñada, Benito ; Gonzalez, Manuel.
    In: Economics Working Papers.
    RePEc:upf:upfgen:261.

    Full description at Econpapers || Download paper

  42. The Problem with Utility: Towards a Non-Consequentialist / Utility Theory Synthesis. (1997). Minkler, Lanse.
    In: Working papers.
    RePEc:uct:uconnp:1997-09.

    Full description at Econpapers || Download paper

  43. Power in a Theory of the Firm. (1997). Zingales, Luigi ; Rajan, Raghuram.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:6274.

    Full description at Econpapers || Download paper

  44. Incomplete Contracts and Economic Organization Brian Loasby and the Theory of the Firm. (1997). Foss, Nicolai.
    In: DRUID Working Papers.
    RePEc:aal:abbswp:97-11.

    Full description at Econpapers || Download paper

  45. A General Equilibrium Model of the Three-Sector Competitive Economy. (1996). Wu, S. Y..
    In: Microeconomics.
    RePEc:wpa:wuwpmi:9603002.

    Full description at Econpapers || Download paper

  46. Collaboration, Motivation, and the Size of Organizations. (1995). Loch, Christoph.
    In: Working Papers.
    RePEc:wop:xeroxp:_005.

    Full description at Econpapers || Download paper

  47. The Effects of Human Resource Management Practices on Productivity. (1995). Shaw, Kathryn ; Prennushi, Giovanna ; Ichniowski, Casey.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:5333.

    Full description at Econpapers || Download paper

  48. The Structure of Incentives in a Major Information Systems Outsourcing Contract: The Case of a North American Public Organization. (1995). Rivard, Suzanne ; Patry, Michel ; Aubert, Benoit.
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:95s-14.

    Full description at Econpapers || Download paper

  49. The motivation for bank holding company acquisitions. (1976). Varvel, Walter A..
    In: Working Paper.
    RePEc:fip:fedrwp:76-02.

    Full description at Econpapers || Download paper

  50. What Determines Firm Size?. (). Zingales, Luigi ; Rajan, Raghuram ; Kumar, Krishna.
    In: CRSP working papers.
    RePEc:wop:chispw:496.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-04 10:40:29 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.