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Does Compliance with the German Corporate Governance Code Have an Impact on Stock Valuation? An Empirical Analysis
16 references·6 citing·32 second hop
Does Compliance with the German Corporate Governance Code Have an Impact on Stock Valuation? An Empirical Analysis (2004)Does Compliance with the German Corporate…Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Capital markets research in accounting (2001)Capital markets research in a…Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature (2001)Boards of Directors as an End…Investor protection and corporate governance (2000)Investor protection and corpo…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…Separation of Ownership and Control (1983)Separation of Ownership and C…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Agency Problems and Residual Claims (1983)Agency Problems and Residual …Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…Does compliance with the German Corporate Governance Code pay off? (2015)Does compliance with the Germ…Are Codes Fostering Convergence in Corporate Governance? An Institutional Perspective (2012)Are Codes Fostering Convergen…The Relationship between the Ownership Structure and the Role of the Board (2009)The Relationship between the …The link between supervisory board reporting and firm performance in Germany and Austria (2009)The link between supervisory …Corporate Governance and Firm Performance: Theory and Evidence from Literature (2008)Corporate Governance and Firm…Beyond the Dichotomous Worlds Hypothesis: towards a plurality of corporate governance logics (2007)Beyond the Dichotomous Worlds…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Using daily stock returns (1985)Efficient Capital Markets: II (1991)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The Problem of Social Cost (1960)Law and Finance (1998)Earnings management and investor protection: an international comparison (2003)Law, finance, and economic growth in China (2005)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Performance Pay and Top-Management Incentives (1990)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)The economic implications of corporate financial reporting (2005)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 1933The Modern Corporation and Private Property7,361 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1983Agency Problems and Residual Claims4,877 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 2001Capital markets research in accounting2,575 cited

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  • 2001Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature2,499 cited
  • Cited by

    • 2007Beyond the Dichotomous Worlds Hypothesis: towards a plurality of corporate governance logics31 cited
    • 2009The Relationship between the Ownership Structure and the Role of the Board23 cited
    • 2008Corporate Governance and Firm Performance: Theory and Evidence from Literature18 cited
    • 2015Does compliance with the German Corporate Governance Code pay off?15 cited
    • 2012Are Codes Fostering Convergence in Corporate Governance? An Institutional Perspective15 cited
    • 2009The link between supervisory board reporting and firm performance in Germany and Austria14 cited