TITLE

CORPORATE GOVERNANCE AND THE MARKET VALUE OF FIRMS

AUTHOR(S)
ZAHARIA, CONSTANTIN; ZAHARIA, IOANA
PUB. DATE
December 2012
SOURCE
Economics, Management & Financial Markets;Dec2012, Vol. 7 Issue 4, p227
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Scholarly research reveals strong correlations between the importance of corporate governance measures in determining firm value during a crisis, the relation between overall firm governance and firms' market values or performance, the changing nature of the corporation, and the difficulties associated with identifying specific channels through which the corporate governance reforms affected firm value. The paper generates insights about determinants of firm value during the period of economic crisis, the underlying value of the corporation, the potential effects of conflicts of interest between controlling and outside shareholders on firm value and profitability, and the causal effect of corporate governance provisions on firms' market value and long-term performance.
ACCESSION #
86434015

 

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