Por favor, use este identificador para citar o enlazar este ítem:
http://dx.doi.org/10.1016/j.brq.2015.04.002
Twittear
Registro completo de metadatos
Campo DC | Valor | Lengua/Idioma |
---|---|---|
dc.contributor.author | Callado Muñoz, Francisco José | - |
dc.contributor.author | Utrero González, Natalia | - |
dc.contributor.other | Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y Finanzas | - |
dc.date.accessioned | 2024-02-08T13:12:49Z | - |
dc.date.available | 2024-02-08T13:12:49Z | - |
dc.date.issued | 2015-06-06 | - |
dc.identifier.citation | BRQ Business Research Quarterly 19 (2016): 13-25 | - |
dc.identifier.issn | Electronic: 2340-9444 | - |
dc.identifier.uri | http://hdl.handle.net/10201/139020 | - |
dc.description | ©2015. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted, version of a Published Work that appeared in final form in BRQ Business Research Quarterly. To access the final edited and published work see https://doi.org/10.1016/j.brq.2015.04.002 | - |
dc.description.abstract | This work adds to the debate on corporate governance regulations and its effects on performance and firm value. The paper empirically tests whether there is a significant price reaction to corporate governance announcements following the publication of the Aldama Code of Best practice (2003) in Spain. In particular, news announcements are classified according to the code principles to distinguish among different dimensions of corporate governance and have a better understanding of investors’ reaction. Results show first, that investors react to this kind of practices, second, that the sign of their reaction depends crucially on the nature and extension of the recommendation and finally that firms that disclose more do not enjoy higher market prices or return on the medium-long term. | - |
dc.format | application/pdf | es |
dc.format.extent | 13 | - |
dc.language | eng | es |
dc.publisher | SAGE Publications | - |
dc.relation | Nombre del proyecto: Bienestar social, mecanismos de asignación y políticas públicas Ámbito geográfico: Nacional Entidad de realización: Universitat de Girona Nombres investigadores principales (IP, Co-IP,...): Dolors Berga Entidad/es financiadora/s:Ministerio de Educación y Ciencia Código: ECO2016-76255-P | es |
dc.rights | info:eu-repo/semantics/openAccess | es |
dc.rights | Attribution-NonCommercial-NoDerivatives 4.0 Internacional | - |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | - |
dc.subject | Corporate governance | - |
dc.subject | Best practice | - |
dc.subject | Codes | - |
dc.subject | Price reaction | - |
dc.subject | Event studies | - |
dc.title | Do investors react to corporate governance news? An empirical analysis for the Spanish market | es |
dc.type | info:eu-repo/semantics/article | es |
dc.identifier.doi | http://dx.doi.org/10.1016/j.brq.2015.04.002 | - |
Aparece en las colecciones: | Artículos: Organización de Empresas y Finanzas |
Ficheros en este ítem:
Fichero | Descripción | Tamaño | Formato | |
---|---|---|---|---|
BRQ Do investors React to Corporate Governance News An Empirical Analysis for the Spanish Market.pdf | 575,38 kB | Adobe PDF | Visualizar/Abrir |
Este ítem está sujeto a una licencia Creative Commons Licencia Creative Commons