Browsing Ph.D. theses (INT) by Title
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An empirical analysis of Economics and ManagementÓladóttir, Ásta Dis (Frederiksberg, 2010)[More information][Less information]
Abstract: This dissertation consists of an introductory chapter, followed by four papers that approach the topic of internationalization of small economies and the multinational firm from different angles. The concluding chapter deals with what happened in Iceland after the crisis that started in October 2008 with the collapse of the Icelandic financial system and how the very fast internationalization of Icelandic firms was possible, but only as further issues that need to be researched. Each of the papers can be read individually as well as in the larger context of this dissertation. URI: http://hdl.handle.net/10398/7993 Files in this item: 1
Ásta_Dis_Óladóttir.pdf (2.005Mb) -
Insights from Annual General MeetingsStrand, Therese (Frederiksberg, 2012)[More information][Less information]
Abstract: This thesis consists of five empirical studies, all relating to shareholder activism at annual general meetings. The first study concerns the structure and content of general meetings in Denmark and Sweden comparatively. The paper reveals significant differences in the level of activism, with Swedish investors being the most active in terms of proposals, proxy voting, and ‘voice’. The paper takes a legal approach, and discusses divergence in activism levels from the perspective of shareholder prerequisites to engage in monitoring efforts. Further, the paper investigating the topics addressed through questions and opinions. The results show that matters which can be categorized as irrelevant are reasonably rare. This is an important finding, as suggestions to abolish general meetings have often been based on the assumption that general meetings facilitate nothing but irrelevant, time consuming, and costly discussions that serves no monitoring function. The second study analyses the impact of voting power on shareholder activism. We hypothesize that there is a positive relationship between shareholder activism and a measure of the largest shareholder’s sensitivity to increased participation by small shareholders and find that firms’ amenability to small shareholder influence leads to more proposals by the nomination committee, but fewer proposals by other shareholders. We interpret this as evidence that the shareholder elected nomination committees effectively channel shareholder concerns and preempt other kinds of activism. Politicians and companies that desire active shareholders could improve the amenability of firms to shareholder influence by ownership transparency, shareholder committees, and contacts with shareholder associations and other vehicles for collective action... URI: http://hdl.handle.net/10398/8460 Files in this item: 1
Therese_Strand.pdf (1.719Mb) -
An application to ChinaLi, Xin (Frederiksberg, 2011)[More information][Less information]
Abstract: The starting point of this PhD research is two observations. The first is that people often tend to discuss a country’s national competitiveness in a general tone, i.e., judging a country to be either competitive or uncompetitive, rather than making more balanced assessment, and therefore their opinions often contradict each other. The second observation is that there are many competing international reports that rank a large number of countries in terms of their national competitiveness. These reports often provide different rankings for a given country (e.g., China), and therefore the readers of these reports are often left with a confusing picture. The first observation reflects the reality that there has been a lack of commonly accepted definition of national competitiveness. The second reflects the methodological problems of the indexing-and-ranking methods commonly used by international competitiveness reports... URI: http://hdl.handle.net/10398/8357 Files in this item: 1
Xin_Li.pdf (5.486Mb)
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Now showing items 5-7 of 7