Search results for "share"
showing 10 items of 451 documents
Corporate Governance and Capital Structure: A Spanish Study
2016
This study explores the relationship between capital structure and corporate governance using a data panel of Spanish listed firms over the period 2005 to 2011. Specifically, two notable conflicts in the area of corporate governance have been analysed: (i) managerial ownership; and (ii) controlling shareholders ownership. Our findings confirm a non-monotonic relationship between both managerial ownership and ownership concentration, and capital structure. In order to mitigate endogeneity concerns, a number of robustness tests have been performed. The empirical evidence obtained yields a number of implications such as the shareholders' need to monitor entrenched managers, the insufficient pr…
Comparing the Impact of the Net Income Versus the Comprehensive Income Over the Share Price for Companies Listed on the Bucharest Stock Exchange
2020
Abstract As a consequence of adopting the IFRS in Romania, starting with 2012, for companies whose securities are admitted for trading on a regulated market, financial reporting demarches include ascertaining the comprehensive income in addition to the net income. The present paper aims at investigating how the share price evolves considering the level of the comprehensive income as compared to the reported net income, in a multiannual empirical study implying panel data analysis through Pooled OLS, Fixed Effects and Random Effects models processed through EViews. Furthermore, the informational and decisional utility of the two main forms of disclosed accounting results (the net income and …
Unveiling the Role of Multiple blockholders: Evidence from Closely Held Firms.
2019
Research Question/Issue. This paper disentangles how the modes of ownership distribution among multiple blockholders and their heterogeneity shape principal–principal conflicts and, in turn, affect firm performance. The paper offers empirical evidence from a panel of Italian closely held firms over the period 2009–2014. Research Findings/Insights. We explore the principal–principal conflicts among blockholders across two distinct control structures. When a single blockholder controls the firm, principal–principal conflicts are shaped by the trade‐off between the alignment effect and the monitoring effect. In this scenario, we find that the relationship between the two largest blockholders' …
The influence of corporate governance's decision on corporate social responsibility
2018
The need for an accurate and detailed disclosure, the need to understand the mechanisms of government under which the company is managed and controlled, are the starting point of the choices of the many stakeholders that revolve around the company. A large number of players is interested in corporate governance are among these, not only the major shareholders, but also an increasing number of small investors. CSR is an extension of firms efforts to foster effective corporate governance, ensuring firms sustainability via sound business practices that promote accountability and transparency. rnThe paper aims to explore the impact that various corporate governance mechanisms have on the commit…
A comparative analysis between helicopter and seaplane for passenger transport.
2016
Purpose This study aims to develop a methodology to compare the feasibility of helicopter and seaplane regular transport of passengers towards destinations across a remote regional tourist context, where a lack of road and rail infrastructure make these alternative forms of air transport competitive. Design/methodology/approach The authors use a modal split model identifying the quota of passengers that potentially could utilize these two types of services, determined on the basis of previous studies on air transport demand. A technical analysis regarding transport supply is performed to identify the predominant features that should characterize helicopter/seaplane performances. An optimiza…
School Bike Sharing Program: will it Succeed?
2020
Abstract Encouraging active and sustainable transport modes in order to limit the excessive use of cars, as well as reducing pollutant emissions and creating livable urban environments, has become one of the priorities for policymakers in recent years. The introduction of innovative systems increasingly being introduced in modern cities, such as bike sharing, can certainly contribute to the spread of cycling and thus allow a radical change in the mobility habits of their citizens. This can be especially true for high-school students who are often otherwise accompanied by their parents with private cars. This article aims to assess the influence that a bike sharing program for students has o…
La incidencia de las malas relaciones entre los progenitores a la hora de acordar el régimen de guarda y custodia compartida. Análisis de la reciente…
2018
The relationship that the parents have with each other is one of the factors to take into consideration when adopting or not the modality of shared custody and custody after a situation of family crisis. To deny the shared modality if there was no good relationship between the parents was the rule until relatively recent dates. With the entry into force of local laws as well as the change in jurisprudence, the tendency that remains is to consider that it will no longer be enough that there is this bad relationship but will have to be a situation of high confrontation so that this situation may be grounds for denial of the shared custody regime.
Custodia compartida y mediación familiar en el derecho civil valenciano: criterios para la determinación del interés del menor
2015
El trabajo analiza la mediación con menores y para menores cuando se trata de aplicar el régimen de custodia compartida, estando dicha decisión por el interés superior del menor. This paper analyzes the mediation with minors and for minors when it is to decide if the regime of shared custody has to be applied, decision that is based on the minor's best interest minor.
Regulation of cohabitation between progenitors and minors: general rule and exception in the Valencian act
2014
El artículo analiza la Ley 5/2011, de 5 de abril, que introduce, entre otras importantes modificaciones, un nuevo modelo de custodia, la llamada custodia compartida. The paper analyzes the 5/2011 Act, April 5th, that includes, among its main amendments, a new model of custody, named shared custody.
Sharenting and the exercise of parental authority: the first court decisions
2020
El sharenting, fenómeno social ampliamente extendido que consiste en que los progenitores publican fotografías y vídeos de sus hijos menores de edad en sus redes sociales, plantea el problema de si es suficiente el consentimiento del progenitor usuario de la red social o es necesario el de ambos progenitores. Acerca de esta cuestión se han pronunciado varias Audiencias Provinciales, cuyas sentencias se analizan en el presente trabajo. Las mismas se refieren, en primer lugar, a la cuestión de en qué medida el sharenting afecta al derecho a la propia imagen y al de protección de datos personales de los menores y cuándo es necesario el consentimiento de los progenitores para la disposición de …