The effect of investor protection on firm riskiness and performance during the COVID-19 economic crisis

2021 ◽  
pp. 1-11
Author(s):  
Thi Thuy Anh Vo ◽  
Mieszko Mazur
2013 ◽  
Vol 15 (2) ◽  
pp. 77 ◽  
Author(s):  
Camila Moreno de Camargo

O presente artigo aborda aspectos relacionados à produção habitacional da modalidade “Entidades” do programa Minha Casa, Minha Vida, a partir de observações de campo. Pretende-se elaborar uma chave de leitura que destaque, no contexto de atendimento do programa federal mencionado, as entidades organizadoras e os diferentes graus de vinculação e relação que estabelecem com os movimentos de luta por moradias nacionais, a sociedade e o próprio Estado. Tais questões vêm se construindo e nos mostram certa urgência de análise e pesquisas mais aprofundadas, no sentido de avançar na discussão acerca da produção habitacional por meio da autogestão no Brasil, visto que, ainda que inexpressivo do ponto de vista quantitativo e em comparação com a produção mais massiva empreendida pelo mercado, ela nos revela uma série de transformações que vem redefinindo as relações sociais e a produção do espaço urbano contemporâneo. Palavras-chave: habitação de interesse social; Minha Casa, Minha Vida; entidades; movimentos sociais; política habitacional. Abstract: In response to the global economic crisis of 2009, the brazilian government launched the Minha Casa, Minha Vida – MCMV program, with the purpose of producing one million houses in the country. In its second phase, currently the program aims to produce another two million housing in the country. This production occurs by means partnership among actors at the various political, commercial, social and voluntary levels. In this context, this article aims to develop a new key for reading the entities responsible for organising the construction of the project contracted and the different degrees of attachment and relationship they establish with the national fight for housing movements, the society and the state itself, in the composition of demand and performance location. Such questions show some urgency in the analysis and further research for advancing in discussion about housing production through self-management in Brazil, it reveals a series of transformations that has been redefining social relations and production of contemporary urban space. Keywords: social interest housing; “Minha Casa, Minha Vida”; entities; social movements; housing policy.


Author(s):  
Agnes Cornell ◽  
Jørgen Møller ◽  
Svend-Erik Skaaning

Against the backdrop of the economic crisis that began in 2008 and the rise of populist parties, a new body of research has used interwar political developments to warn that even long-established Western democracies are fragile. We challenge this interwar analogy based on the fact that a relatively large number of interwar democracies were able to survive the recurrent crises of the 1920s and 1930s. The main aim of this book is to understand the striking resilience of these democracies, and how they differed from the many democracies that broke down in the same period. Previous theoretical accounts, which can be divided into structuralist, elitist, associational, and performance-based perspectives, do not adequately explain this variation. We advance an explanation that nests an associational perspective in a structuralist perspective. The model centres on democratic legacies and strong associational landscapes (i.e. vibrant civil societies and party institutionalization). These factors are rooted in a set of structural conditions associated with socio-economic development and state- and nation-building processes. Our empirical strategy consists of a combination of systematic comparisons of all interwar democratic spells and in-depth case-studies.


2014 ◽  
Vol 39 (3) ◽  
pp. 165-167
Author(s):  
CHARLOTTE M. CANNING

This special issue is unique in that it is the first time that this journal has collaborated with another to share the same set of questions ramified through the two journals’ different missions. Editor Esther Kim Lee and I proposed to link Theatre Research International and Theatre Survey in order to explore how the ‘2008 worldwide economic crisis brought scholars of theatre and performance to re-examine how neoliberalism, economic nomadism, and transnationalism affect artistic practices’, as we wrote in the call for papers. The response was impressive and demonstrated that performance scholars around the globe are thinking about these pressing issues in contiguous and contradictory ways.


2012 ◽  
Vol 9 (4-3) ◽  
pp. 279-308 ◽  
Author(s):  
Anne Anderson ◽  
Parveen P. Gupta ◽  
Andrey Zagorchev

We investigate the impact of continuous measures of the financial system and investor protection on the corporate governance-performance relationship. We find that shareholder suits rights/stock market capitalization (disclosure rights/stock market capitalization) has monotonic (non-monotonic) relation with firm performance and that high-levels of stock market capitalization and investor protection generate valuation synergies. Besides interactions of financial and legal systems with corporate governance, market- (bank-) orientation and development and stronger (weaker) investor protection along with better (worse) corporate governance are associated with higher (lower) valuations. A country’s migration to a developed stock market with enhanced investor protection is related to better corporate governance and firm performance.


2007 ◽  
Vol 5 (1) ◽  
pp. 355-371
Author(s):  
Eloisa Pérez de Toledo ◽  
Evandro Bocatto

Corporate governance is a set of mechanisms relevant to economic efficiency since it can minimize agency problems. The question is to determine how governance and firm performance interact. Recent research shows that firm-level corporate governance mechanisms are more important in countries with low investor protection, suggesting that firms can partially compensate for ineffective legal environments. Within this context, the objective of this paper is to construct a robust proxy for quality of corporate governance for the Spanish public companies. Thus, after providing an extensive literature review on the field of corporate governance and its interaction with firm performance, we construct a governance index (GOV-I) for a sample of 97 Spanish non-financial public companies. Finally, we assess the determinants of governance in the case of Spain. The results show a significant relationship between governance and performance, future growth opportunities and size, demonstrating that Spanish firms adopt better standards of governance to compensate for the low level of investor protection holding in the country.


Sign in / Sign up

Export Citation Format

Share Document