Corporate governance and risk‐taking
Better investor protection could lead corporations to undertake riskier but value‐enhancing
investments. For example, better investor protection mitigates the taking of private benefits …
investments. For example, better investor protection mitigates the taking of private benefits …
Corporate governance and corporate risk taking: theory and evidence
This paper examines the relationship between investor protection and corporate insiders'
incentive to take value-enhancing risks. In a poor investor protection environment …
incentive to take value-enhancing risks. In a poor investor protection environment …
[PDF][PDF] Corporate governance and corporate risk taking: theory and evidence
This paper examines the relationship between investor protection and corporate insiders'
incentive to take value-enhancing risks. In a poor investor protection environment …
incentive to take value-enhancing risks. In a poor investor protection environment …