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Questions related from Patrick Navatte
Do you have some papers on that subject?
01 April 2017 2,154 4 View
Are they some monitoring effects taking place during SEOs, if board independence is strong? Do you have read papers on these issues, especially if firms face severe Financial constraints?
02 November 2016 3,934 4 View
Do ownership and power have opposite influences on firm value? Power of insiders seems to have a negative influence on firm value whereas outside blockholder's power seems to have a positive...
29 March 2016 8,792 13 View
What is the behavior of a "high-hedging needs" firm at refinancing points? What about its profitability impact on the financial package it will choose/ accept from the bank or the market? Do you...
30 June 2015 6,518 6 View
Firms can smooth their earnings via accounting discretion. Managers seem to prefer a less volatile earnings path. But prior studies do not show a clear relation between smoothness and firm...
18 June 2015 8,364 6 View
Many studes' results are plagued with endogeneity problems. The link between corporate governance and firm performance is a good example of a possible reverse causality problem. Fixed effects,...
12 June 2015 2,719 6 View
What are the main determinants of the decision in your mind? Do you think that premium 's cost or rapidity of realization are at stake? Do you know papers on that subject?
10 June 2015 5,117 6 View
Young executives may leave the firm if they think that the older executives including the CEO (entrenchment?) do not invest enough to prepare the future of the firm. In fact do you know cases or...
11 May 2015 7,149 4 View
Do you measure these synergies on the stock -market with the run-up of the target company, and the less important move of the acquirer's stock price? do you add some of the mark-up if any? what...
10 May 2015 4,770 18 View
Are the CEO of Cartel firms chosen inside the firm, I mean are they promoted internally? Are some of the directors chosen because they are busy and foreigners? Is stability of the management team...
22 April 2015 3,777 9 View
Spin-offs involve a quotation on the Financial market. So something like an IPO takes place. At the same moment a change of CEO and a change of board of directors structure may happen. So do you...
16 April 2015 9,707 6 View
Boards of directors have two main activities: Advising and Monitoring. The last quoted role was extensively treated in the literature. For example, the auditing committee was examined with a lot...
19 March 2015 7,718 5 View
When majority shareholders want to expropriate minority shareholders, they can try to extract private benefits from the firm. But It is difficult to find a good proxy for private benefits. Should...
16 February 2015 169 5 View
Are they only short term financing problems, or long term financing capacities and interest alignment for a better coordination?
22 January 2015 2,146 9 View
One system doesn't fit all, means that for each category of suppliers different tools must be used inside the supply chain, and international VS domestic supply chain implies new devices (swift)...
10 September 2013 4,798 3 View
