There are no files associated with this item.
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.citation.number | 4 | - |
dc.citation.title | GLOBAL ECONOMIC REVIEW | - |
dc.citation.volume | 49 | - |
dc.contributor.author | Chung, Chune Young | - |
dc.contributor.author | Kim, Dongyoung | - |
dc.contributor.author | Lee, Jun-Youp | - |
dc.date.accessioned | 2023-12-21T17:15:21Z | - |
dc.date.available | 2023-12-21T17:15:21Z | - |
dc.date.created | 2020-07-23 | - |
dc.date.issued | 2020-07 | - |
dc.description.abstract | Institutional investors dissatisfied with weak firm governance can directly or indirectly intervene in management to maximise profits. However, no study has investigated the effects of such interventions on corporate governance. This study therefore examines the effect of Korean National Pension Service blockholdings on firms’ corporate governance quality in the Korean market. This setting is interesting because the market is dominated by chaebols, which have ineffective internal governance mechanisms. We find that blockholdings reduce corporate governance quality under various endogeneity checks and empirical models; this finding in an emerging market implies that regulatory authorities should support institutional blockholders’ active market participation. | - |
dc.identifier.bibliographicCitation | GLOBAL ECONOMIC REVIEW, v.49, no.4 | - |
dc.identifier.doi | 10.1080/1226508X.2020.1798268 | - |
dc.identifier.issn | 1226-508X | - |
dc.identifier.scopusid | 2-s2.0-85088470772 | - |
dc.identifier.uri | https://scholarworks.unist.ac.kr/handle/201301/36808 | - |
dc.identifier.url | https://www.tandfonline.com/doi/full/10.1080/1226508X.2020.1798268 | - |
dc.identifier.wosid | 000550955600001 | - |
dc.language | 영어 | - |
dc.publisher | 동서문제연구원 | - |
dc.title | Do Institutional Investors Improve Corporate Governance Quality? Evidence From the Blockholdings of the Korean National Pension Service | - |
dc.type | Article | - |
dc.description.isOpenAccess | FALSE | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.type.docType | Article | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.description.journalRegisteredClass | kci | - |
dc.subject.keywordAuthor | Institutional investor | - |
dc.subject.keywordAuthor | Korean National Pension Service | - |
dc.subject.keywordAuthor | Korean chaebol | - |
dc.subject.keywordAuthor | institutional monitoring | - |
dc.subject.keywordAuthor | corporate governance in emerging markets | - |
Items in Repository are protected by copyright, with all rights reserved, unless otherwise indicated.
Tel : 052-217-1404 / Email : scholarworks@unist.ac.kr
Copyright (c) 2023 by UNIST LIBRARY. All rights reserved.
ScholarWorks@UNIST was established as an OAK Project for the National Library of Korea.