Description

• Title:
  The capital market in the process of corporate governance
• Creator:
  Działo, Joanna;
  Alberciak, Paweł
• Description:
  The paper focuses on the efficiency of a capital market in the process of corporate governance. The efficiency is concerned in a context of the company 's structure of ownership. It is stated that dispersed ownership is most favorable for takeovers than in of concentrated ownership. The paper provides a model of a takeover that analyses relationship between the company 's ownership structure and the motives behind takeovers. A specific case of a toehold as a factor exerting a discipline on managers' activities is investigated. The paper ends up with same concluding remarks on the discussed issues.
• Object availability:
  free access
• Date:
  2024.03.01;
  2003
• Type:
  Article
• Language:
  English
• Format:
  application/pdf
• Publisher:
  Wydawnictwo Uniwersytetu Łódzkiego
• Relation:
  Comparative Economic Research. Central and Eastern Europe;1-2;
  6
• Identifier:
  1508-2008;
  http://hdl.handle.net/11089/50500 ;
  2082-6737
• Data provider:
  Repozytorium Uniwersytetu Łódzkiego
• Can I use it?:
  seek permission
• Type:
  image