Blar i BI Research Centre's Series på forfatter "Schindele, Ibolya"
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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; Ostergaard, Charlotte; Schindele, Ibolya (CCGR Working Paper, Working paper, 2009)This paper documents that stock liquidity improves shareholders’ incentive to monitor management. Using a hand-collected sample of contested proxy solicitations and shareholder proposals as occurrences of shareholder ... -
Social Capital and the Viability of Stakeholder-Oriented Firms: Evidence from Savings Banks
Ostergaard, Charlotte; Schindele, Ibolya; Vale, Bent (CCGR Working Paper;1/2015, Working paper, 2015)We show that social capital improves the viability of stakeholder-oriented firms operating in competitive markets. Studying exits from the population of Norwegian savings banks after deregulations, we find that banks located ...