-
2“...The way in which securities are traded is very different from the idealized picture of a frictionless and self-equilibrating market offered by the typical...”
-
4“...We present a rational expectations model of optimal executive compensation in a setting where managers are in a position to manipulate short-term stock prices...”
-
5“...The paper examines the impact of executive compensation on private securities litigation. We find that incentive pay in the form of options increases the...”
-
6by Marco Pagano Ailsa A. Röell Josef Zechner Published in The Journal of finance (New York) (01.12.2002)“...This paper documents aggregate trends in the foreign listings of companies, and analyzes their distinctive prelisting characteristics and postlisting...”
-
7
-
8by Marco Becht Patrick Bolton Ailsa Röell Published in Oxford review of economic policy (01.10.2011)“...This paper reviews the pattern of bank failures during the financial crisis and asks whether there was a link with corporate governance. It revisits the theory...”
-
9“...From the viewpoint of a company's controlling shareholder, the optimal ownership structure generally involves some measure of dispersion, to avoid excessive...”
-
10“...Trading systems differ in their degree of transparency, here defined as the extent to which market makers can observe the size and direction of the current...”
-
11“...We preview empirical work by the European Corporate Governance Network on the size of block shareholdings in Europe. The most salient finding is the...”
-
12Changing National Business Systems: Corporate Governance and Financing in the Netherlands, 1945–2005“...This study traces the evolution of corporate governance and financing structures in the Netherlands during the second half of the twentieth century. A...”
-
13by Thierry Foucault Ailsa Röell Patrik Sandås Published in The Review of financial studies (01.07.2003)“...This article presents a model of information monitoring and market making in a dealership market. We model how intensively dealers monitor public information...”
-
14by Pagano, Marco Randl, Otto Röell, Ailsa A Zechner, Josef Published in European economic review (2001)“...Despite the increasing integration of capital markets, geography has not yet become irrelevant to finance. Between 1986 and 1997, European public companies...”
-
15by Röell, Ailsa Published in European economic review (1996)“...Firms' motives for going public are reviewed, and significant cross-country differences in the propensity to seek a listing are documented and discussed...”
-
18by Röell, Ailsa Published in Journal of financial intermediation (1990)“...This paper considers a securities market in which orders are channeled through professional broker-dealers such as London's market makers or the large banks...”
-
19
-
20“...In this paper we estimate price effects of trading on the Paris Bourse. We use several methods to decompose price effects into transitory and permanent parts...”