search query: @author Renneboog, L. / total: 6
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| Author: | Renneboog, L. |
| Title: | Ownership, managerial control and the governance of companies listed on the Brussels stock exchange |
| Journal: | Journal of Banking and Finance
2000 : DEC, VOL. 24:12, p. 1959-1995 |
| Index terms: | CORPORATE FINANCE COMPANY CONTROL GOVERNMENT |
| Language: | eng |
| Abstract: | This paper examines how corporate control is exerted in companies listed on the Brussels Stock Exchange. There are several alternative corporate governance mechanisms which may play a role in disciplining poorly performing management: block-holders (holding companies, industrial companies, families and institutions), the market for partial control, debt policy, and board composition. Even if there is redundancy of substitute forms of discipline, some mechanisms may dominate. |
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