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The (Ir)relevance of Disclosure of Compliance with Corporate Governance Codes: Empirical Evidence from the German Stock Market
13 references·1 citing·41 second hopsampled
The (Ir)relevance of Disclosure of Compliance with Corporate Governance Codes: Empirical Evidence from the German Stock Market (2016)The (Ir)relevance of Disclosure of Compli…The Role of Financial Economics in Securities Fraud Cases: Applications at the Securities and Exchange Commission (2016)The Role of Financial Economi…Does Compliance with the German Corporate Governance Code Have an Impact on Stock Valuation? An empirical analysis (2006)Does Compliance with the Germ…Corporate Governance and Accounting Scandals (2005)Corporate Governance and Acco…The role of self-regulation in corporate governance: evidence and implications from The Netherlands (2004)The role of self-regulation i…Internal and External Governance Mechanisms: Their Impact on the Performance of Large UK Public Companies (2002)Internal and External Governa…The relevance of the value-relevance literature for financial accounting standard setting (2001)The relevance of the value-re…The Performance-Governance Relationship: The Effects of Cadbury Compliance on UK Quoted Companies (2000)The Performance-Governance Re…Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…Event-study methodology under conditions of event-induced variance (1991)Event-study methodology under…Measuring security price performance (1980)Measuring security price perf…Convergence and divergence in corporate governance (2016)Convergence and divergence in…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)The Cross-Section of Expected Stock Returns (1992)Agency costs, corporate governance mechanisms and ownership structure in large UK publicly quoted companies: A panel data analysis (2008)Ownership structure, board of directors and firm performance: evidence from Taiwan (2018)Corporate governance and firms financial performance in the United Kingdom (2020)Using daily stock returns (1985)The Event Study Methodology Since 1969 (1998)The Adjustment of Stock Prices to New Information (2003)Event Study Testing with Cross-sectional Correlation of Abnormal Returns (2010)Testing Asymmetric-Information Asset Pricing Models (2012)An Empirical Evaluation of Accounting Income Numbers (1968)The Adjustment of Stock Prices to New Information (1969)Risk, Return, and Equilibrium: Empirical Tests (1973)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)Common risk factors in the returns on stocks and bonds (1993)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Does the Stock Market Overreact? (1985)Multifactor Explanations of Asset Pricing Anomalies (1996)Investor Psychology and Security Market Under‐ and Overreactions (1998)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Positive Accounting Theory (1985)Earnings management to avoid earnings decreases and losses (1997)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Conservatism in Accounting Part I: Explanations and Implications (2003)The financial reporting environment: Review of the recent literature (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Explaining diversity in the worldwide diffusion of codes of good governance (2009)How Independent, Competent and Incentivized Should Non‐executive Directors Be? An Empirical Investigation of Good Governance Codes (2009)Setting Your Own Standards: Internal Corporate Governance Codes as a Response to Institutional Pressure (2011)Do Investors Trade Too Much? (1999)Managerial Decisions and Long‐Term Stock Price Performance (2000)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)The impact of performance-based compensation on misreporting (2005)The effects of corporate governance on firms’ credit ratings (2006)The role of information and financial reporting in corporate governance and debt contracting (2010)
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References

  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 1980Measuring security price performance3,330 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1991Event-study methodology under conditions of event-induced variance1,777 cited
  • 2001The relevance of the value-relevance literature for financial accounting standard setting1,741 cited
  • 2005Corporate Governance and Accounting Scandals1,568 cited
  • 2002Internal and External Governance Mechanisms: Their Impact on the Performance of Large UK Public Companies554 cited
  • 2006Does Compliance with the German Corporate Governance Code Have an Impact on Stock Valuation? An empirical analysis175 cited
  • 2004The role of self-regulation in corporate governance: evidence and implications from The Netherlands169 cited
  • 2000The Performance-Governance Relationship: The Effects of Cadbury Compliance on UK Quoted Companies156 cited
  • 2016The Role of Financial Economics in Securities Fraud Cases: Applications at the Securities and Exchange Commission52 cited

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  • 2016

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Convergence and divergence in corporate governance
19 cited