Browsing Handelshøyskolen BI by Author "Østergaard, Charlotte"
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Liquidity and Shareholder Activism
Norli, Øyvind; Østergaard, Charlotte; Schindele, Ibolya (CCGR Working Paper;1/2014, Working paper, 2014)Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses through informed trading of target firms' stock ... -
Liquidity and shareholder activism
Norli, Øyvind; Østergaard, Charlotte; Schindele, Ibolya (Journal article; Peer reviewed, 2015)Blockholders' incentives to intervene in corporate governance are weakened by free-rider problems and high costs of activism. Theory suggests activists may recoup expenses through informed trading of target rms' stock ... -
Social capital and the viability of stakeholder-oriented firms: Evidence from savings banks
Østergaard, Charlotte; Schindele, Ibolya; Vale, Bent (Journal article; Peer reviewed, 2016)We show that social capital improves the viability of stakeholder-oriented rms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulations, we nd that banks located ... -
Why Do Boards Exist? Governance in the Absence of Corporate Law
Burkart, Mike; Miglietta, Salvatore; Østergaard, Charlotte (CCGR Working Paper;1/2017, Working paper, 2017)We study how owners trade off the costs and benefits of establishing a board in a historical setting, where boards are optional and authority over corporate decisions can be freely allocated across the general meeting, the ...