英语翻译the theory,namely that poor shareholder protection is pe
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英语翻译
the theory,namely that poor shareholder protection is penalized with lower valuations,and that higher cash-flow ownership by the controlling share-holder improves valuation,especially in countries with poor investor protec-tion.The result on incentives is also consistent with the findings of Claessenset al.(2000) on a larger sample of companies from Asia.This evidence indi-rectly supports the importance of expropriation of minority shareholders by controlling shareholders in many countries,and for the role of the law in limiting such expropriation.As such,it adds an important link to the expla-nation of the consequences of investor protection for financial market devel-opment.The evidence expands our understanding of the role of investor protection in shaping corporate finance,by clarifying the roles which both the incentives and the law play in delivering value to outside shareholders.
the theory,namely that poor shareholder protection is penalized with lower valuations,and that higher cash-flow ownership by the controlling share-holder improves valuation,especially in countries with poor investor protec-tion.The result on incentives is also consistent with the findings of Claessenset al.(2000) on a larger sample of companies from Asia.This evidence indi-rectly supports the importance of expropriation of minority shareholders by controlling shareholders in many countries,and for the role of the law in limiting such expropriation.As such,it adds an important link to the expla-nation of the consequences of investor protection for financial market devel-opment.The evidence expands our understanding of the role of investor protection in shaping corporate finance,by clarifying the roles which both the incentives and the law play in delivering value to outside shareholders.
该理论,换句话说就是用较低的估价就足以打击微弱的股东保护.
英语翻译the theory,namely that poor shareholder protection is pe
英语翻译What they have revealed only supports the theory that pe
that is 与namely 区别
英语翻译However,there is another possibility,namely the internal
英语翻译2.3.Title to Shares.Shareholder is the owner,beneficiall
英语翻译The owner / shareholder is only responsible for liabilit
英语翻译Now,that's the theory ...and as people say ,there is in
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英语翻译Third,the theory that underlies the argument that enviro
It is clear that the component area of employment protection
The theory is that the brain mistakenly thinks the sweetness
英语翻译That matters because theory suggests that the maximum su