Matches in SemOpenAlex for { <https://semopenalex.org/work/W82745834> ?p ?o ?g. }
- W82745834 abstract "We investigate say-on-pay (SOP) voting outcomes in a country (Italy) where ownership structure is concentrated by regressing shareholder dissent on a comprehensive set of independent variables (spanning from remuneration structure and disclosure to corporate governance), coming from the Italian securities and exchange commission (CONSOB) and the listed companies’ industry association (Assonime-Emittenti Titoli) databases. Our main results may be summarized as follows: a) shareholder dissent in Italy is smaller, but still comparable with that found in the UK and the US, where ownership is disperse; b) dissent is negatively correlated with the equity stake held by the largest shareholder; we interpret this evidence as consistent with better monitoring and lower agency costs; c) dissent is, at best, only weakly related with company performance; however, it is positively correlated with CEO remuneration and negatively correlated with the level of disclosure, especially on the variable components of CEO pay; d) dissent is affected by investor activism at the company level, as proxied by the turnout of institutional investors at the AGM and by minority directors (a peculiar feature of Italian CG regulation) sitting on the board of target companies; e) finally, dissent is higher where shareholders’ SOP vote is non-binding, suggesting that the non-binding nature of the SOP vote may not reduce its effectiveness." @default.
- W82745834 created "2016-06-24" @default.
- W82745834 creator A5023569098 @default.
- W82745834 creator A5031802957 @default.
- W82745834 creator A5044147541 @default.
- W82745834 creator A5074093003 @default.
- W82745834 date "2014-01-01" @default.
- W82745834 modified "2023-10-03" @default.
- W82745834 title "Say-on-Pay in a Context of Concentrated Ownership. Evidence from Italy" @default.
- W82745834 cites W1480391747 @default.
- W82745834 cites W1482569263 @default.
- W82745834 cites W1487215828 @default.
- W82745834 cites W1546583803 @default.
- W82745834 cites W1546800429 @default.
- W82745834 cites W1566068427 @default.
- W82745834 cites W1892903300 @default.
- W82745834 cites W1951849866 @default.
- W82745834 cites W1977371704 @default.
- W82745834 cites W1979622297 @default.
- W82745834 cites W2004369248 @default.
- W82745834 cites W2004700883 @default.
- W82745834 cites W2016794774 @default.
- W82745834 cites W2020970716 @default.
- W82745834 cites W2022997326 @default.
- W82745834 cites W2066066466 @default.
- W82745834 cites W2071263376 @default.
- W82745834 cites W2075904026 @default.
- W82745834 cites W2101698067 @default.
- W82745834 cites W2103487973 @default.
- W82745834 cites W2127839771 @default.
- W82745834 cites W2153732870 @default.
- W82745834 cites W2155297105 @default.
- W82745834 cites W2157088762 @default.
- W82745834 cites W2165938154 @default.
- W82745834 cites W2168430200 @default.
- W82745834 cites W2170681284 @default.
- W82745834 cites W2171191476 @default.
- W82745834 cites W2171616251 @default.
- W82745834 cites W2324312076 @default.
- W82745834 cites W2752617332 @default.
- W82745834 cites W2964284054 @default.
- W82745834 cites W3121332075 @default.
- W82745834 cites W3121408839 @default.
- W82745834 cites W3121479022 @default.
- W82745834 cites W3121974891 @default.
- W82745834 cites W3122859634 @default.
- W82745834 cites W3123033753 @default.
- W82745834 cites W3123091495 @default.
- W82745834 cites W3123264457 @default.
- W82745834 cites W3123648575 @default.
- W82745834 cites W3123659852 @default.
- W82745834 cites W3123735113 @default.
- W82745834 cites W3124020223 @default.
- W82745834 cites W3124253171 @default.
- W82745834 cites W3124475368 @default.
- W82745834 cites W3124525953 @default.
- W82745834 cites W3125153884 @default.
- W82745834 cites W3125705127 @default.
- W82745834 cites W3125809992 @default.
- W82745834 cites W3126139196 @default.
- W82745834 cites W4236870311 @default.
- W82745834 cites W4245172725 @default.
- W82745834 cites W4245613371 @default.
- W82745834 cites W42761150 @default.
- W82745834 doi "https://doi.org/10.2139/ssrn.2403886" @default.
- W82745834 hasPublicationYear "2014" @default.
- W82745834 type Work @default.
- W82745834 sameAs 82745834 @default.
- W82745834 citedByCount "14" @default.
- W82745834 countsByYear W827458342013 @default.
- W82745834 countsByYear W827458342014 @default.
- W82745834 countsByYear W827458342015 @default.
- W82745834 countsByYear W827458342016 @default.
- W82745834 countsByYear W827458342017 @default.
- W82745834 countsByYear W827458342018 @default.
- W82745834 countsByYear W827458342019 @default.
- W82745834 countsByYear W827458342020 @default.
- W82745834 countsByYear W827458342022 @default.
- W82745834 crossrefType "journal-article" @default.
- W82745834 hasAuthorship W82745834A5023569098 @default.
- W82745834 hasAuthorship W82745834A5031802957 @default.
- W82745834 hasAuthorship W82745834A5044147541 @default.
- W82745834 hasAuthorship W82745834A5074093003 @default.
- W82745834 hasBestOaLocation W827458342 @default.
- W82745834 hasConcept C144133560 @default.
- W82745834 hasConcept C162324750 @default.
- W82745834 hasConcept C166957645 @default.
- W82745834 hasConcept C205649164 @default.
- W82745834 hasConcept C2779343474 @default.
- W82745834 hasConceptScore W82745834C144133560 @default.
- W82745834 hasConceptScore W82745834C162324750 @default.
- W82745834 hasConceptScore W82745834C166957645 @default.
- W82745834 hasConceptScore W82745834C205649164 @default.
- W82745834 hasConceptScore W82745834C2779343474 @default.
- W82745834 hasLocation W827458341 @default.
- W82745834 hasLocation W827458342 @default.
- W82745834 hasOpenAccess W82745834 @default.
- W82745834 hasPrimaryLocation W827458341 @default.
- W82745834 hasRelatedWork W1502198272 @default.
- W82745834 hasRelatedWork W1986173648 @default.