Controlling Shareholders
Mostrando 1-12 de 20 artigos, teses e dissertações.
-
1. Effects of ownership structure on the mergers and acquisitions decisions in Brazilian firms
Abstract Purpose The purpose of this study is to examine the effects of ownership structure on merger and acquisition (M&A) decisions of Brazilian listed companies. Design/methodology/approach This paper is an applied and explanatory research based on secondary data. The sample is comprises non-financial companies listed on the BM&FBovespa between 1998 and
RAUSP Manag. J.. Publicado em: 2020-06
-
2. Moderating effect of economic instability in the relationship between concentration of control and market value: empirical evidence in Latin America
RESUMO Este artigo investiga o efeito moderador da instabilidade econômica na relação entre a concentração de controle e o valor de mercado da empresa. Com tal objetivo, constrói-se um painel não balanceado composto por 341 companhias latino-americanas de seis países: Argentina, Brasil, Chile, Colômbia, México e Peru. Os resultados dos modelos din�
BBR, Braz. Bus. Rev.. Publicado em: 19/08/2019
-
3. Composition of the board of directors and pay-performance sensitivity
RESUMO Este artigo investiga, no mercado de capitais brasileiro, o efeito da composição do conselho de administração na sensibilidade da remuneração dos executivos ao desempenho de mercado, conhecida como pay-performance sensitivity (PPS). Devido aos potenciais conflitos de agência entre acionistas controladores e minoritários e entre acionistas e ge
Rev. contab. finanç.. Publicado em: 2019-03
-
4. The Influence of Ownership Concentration on Firm Resource Allocations to Employee Relations, External Social Actions, and Environmental Action
ABSTRACT Objective: The purpose of this work is to examine the influence of ownership concentration on the funds allocated to CSR in Brazilian firm. Design/methodology/approach: Econometric models have been estimated, with an index of CSR as the dependent variable, and ownership concentration as the explanatory variable, together with relevant control va
Rev. bras. gest. neg.. Publicado em: 2015-04
-
5. Value creation in mergers and acquisitions: the market sentiment influence / Criação de valor em fusões e aquisições: a influência do sentimento de mercado
Mergers and Acquisitions (M&As) finance literature is vast and extensive, being one of its main themes of research the value creation (or destruction) determinants in these processes. More recently, with behavioral finance theory development, the market condition (bull or bear market) during M&As announcements has increasinly attracted researches attention.
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 26/10/2012
-
6. O instituto da incorporação de ações / Stock for stock exchange transactions
O presente trabalho tem por objeto o estudo do instituto da incorporação de ações. Para tanto, será analisado, (i) no primeiro capítulo, o regime legal vigente e sua natureza jurídica, apresentando-se as diferenças em relação à operação de incorporação de sociedade, fazendo inclusive um contraste com o direito norte-americano; (ii) no segundo
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 06/04/2011
-
7. Proteção de acionistas e credores nas operações de incorporação envolvendo sociedades anônimas / Protection of shareholders and creditors in mergers involving corporations
This paper aims to deepen the analysis of the mechanisms provided by Brazilian Law to protect non-controlling shareholders and creditors, including those who are holders of bonds, warrants and share certificates, of companies involved in a merger transaction. For this purpose, this work examines the legal provisions, case law understandings and doctrinal pos
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 24/03/2011
-
8. Um estudo sobre a relação entre ações preferenciais e valor de mercado das empresas brasileiras de capital aberto / A study about the relation of preferred shares and market value of Brazilian companies
The capital market is characterized by high concentration of power in the hands of few controlling shareholders. In Brazil, the existence of preferred shares without voting rights has motivate the emergence of agency conflict between controlling shareholders and minority shareholders, compounded by the fact that the control can be exercised with a relatively
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 17/03/2011
-
9. Abuso de minoria em direito societário: abuso das posições subjetivas minoritárias / Minority abuse in corporate law
The purpose of this thesis is to analyze the exciting theme of minority abuse in the corporate law, of which many legal professionals have general empirical knowledge, extracted from their professional experience, but that, in the Brazilian law system, had not been the subject matter of a systematic analysis on the part of Brazilian law experts, that dedicat
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 22/03/2010
-
10. The relevance of tag along rights and identity of controlling shareholders for the price spreads between dual-class shares: the brazilian case
This paper analyzes the determinants of the differential pricing of equity classes (the so-called dual-class premium [DCP]) in Brazil from 1995 to 2006 with a focus on two specific corporate governance aspects: i) the granting of tag along rights, a mandatory bid rule that extends to minority shareholders the right to sell their shares in case of a control t
BAR - Brazilian Administration Review. Publicado em: 2010-03
-
11. O papel do conselho de administração no desenvolvimento de melhores práticas de governança corporativa : o caso do Banco do Brasil
Acting as the main internal mechanism to reduce agency costs between managers and shareholders, between controlling and minority shareholders, the board has a key role in corporate governance of companies. For this reason, the objective of this study is to analyze the role of the board. We analyze the case of the largest financial institution in the country:
IBICT - Instituto Brasileiro de Informação em Ciência e Tecnologia. Publicado em: 2010
-
12. Expropriation and corporate governance: definition of expropriation potential of controlling shareholders and correlation with corporate governance mechanisms / Expropriação e governança corporativa: definição do potencial de expropriação dos acionistas controladores e correlação com os mecanismos de governança corporativa
Este estudo objetiva definir uma metodologia para cálculo do potencial de expropriação de fluxo de caixa dos acionistas controladores sobre os acionistas minoritários e correlacionar esse potencial com os mecanismos de Governança Corporativa (GC) comumente citados, de forma a verificar se tais mecanismos realmente influenciam nos níveis de expropriaç�
Publicado em: 2010