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2004

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Articles 71221 - 71227 of 71227

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Corporate Governance And Dividend Policy In Emerging Markets, Todd Mitton Jan 2004

Corporate Governance And Dividend Policy In Emerging Markets, Todd Mitton

Faculty Publications

In a sample of 365 firms from 19 countries, I show that firms with stronger corporate governance have higher dividend payouts, consistent with agency models of dividends. In addition, the negative relationship between dividend payouts and growth opportunities is stronger among firms with better governance. I also show that firms with stronger governance are more profitable, but that greater profitability explains only part of the higher dividend payouts. The positive relationship between corporate governance and dividend payouts is limited primarily to countries with strong investor protection, suggesting that firm-level corporate governance and country-level investor protection are complements rather than substitutes.

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Going Global Or Regional Or Both? Dispute Settlement In The Southern African Development Community (Sadc) And Overlaps With Other Jurisdictions, Joost H. B. Pauwelyn Jan 2004

Going Global Or Regional Or Both? Dispute Settlement In The Southern African Development Community (Sadc) And Overlaps With Other Jurisdictions, Joost H. B. Pauwelyn

Faculty Scholarship

No abstract provided.

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Hormesis, Hotspots And Emissions Trading, Jonathan B. Wiener Jan 2004

Hormesis, Hotspots And Emissions Trading, Jonathan B. Wiener

Faculty Scholarship

Instrument choice -- the comparison of technology standards, performance standards, taxes and tradable permits -- has been a major topic in environmental law and environmental economics. Most analyses assume that emissions and health effects are positively and linearly related. If they are not, this complicates the instrument choice analysis. This article analyses the effects of a nonlinear dose/response function on instrument choice. In particular, it examines the effects of hormesis (highdose harm but low-dose benefit) on the choice between fixed performance standards and tradable emissions permits. First, the article distinguishes the effects of hormesis from the effects of local emissions. …

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Executive Power Essentialism And Foreign Affairs, Curtis A. Bradley, Martin S. Flaherty Jan 2004

Executive Power Essentialism And Foreign Affairs, Curtis A. Bradley, Martin S. Flaherty

Faculty Scholarship

No abstract provided.

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Fraud By Hindsight, Mitu Gulati, Jeffrey J. Rachlinski, Donald C. Langevoort Jan 2004

Fraud By Hindsight, Mitu Gulati, Jeffrey J. Rachlinski, Donald C. Langevoort

Faculty Scholarship

No abstract provided.

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Real Discrimination?, Erwin Chemerinsky Jan 2004

Real Discrimination?, Erwin Chemerinsky

Faculty Scholarship

No abstract provided.

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Cost-Benefit Analysis, Static Efficiency And The Goals Of Environmental Law, Matthew D. Adler Jan 2004

Cost-Benefit Analysis, Static Efficiency And The Goals Of Environmental Law, Matthew D. Adler

Faculty Scholarship

No abstract provided.

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