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What drives corporate governance reform? firm-level evidence from Eastern Europe

The authors study differences in the use of two corporate governance provisions - cumulative voting and proxy by mail voting - in a sample of 224 firms located in four Eastern European countries. The report finds a significant relationship between ownership structure, and the use of corporate governance provisions.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Klapper, L., Laeven, L., Love, I.
Date 01-May-2005
Institute World Bank
Tags CEE, firm, governance, ownership

See also

  1. Relative property rights in transition economies: Can the oligarchs be productive
  2. The dynamic adjustment towards target capital structures of firms in transition economies
  3. Intervention, corruption and capture: the nexus between enterprises and the state
  4. Measuring progress in transition and towards EU accession: a comparison of manufacturing firms in Poland, Romania and Spain
  5. Small and medium size enterprise financing in Eastern Europe

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