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A new sparkling stadium, dripping with corporate effects will look better than a university arena still sporting college football markings.
Call it a corporate wealth effect.
Under this argument, corporate peer effects should be more pronounced for firms operating in an environment of relatively weak governance.
It is based on his recent article, "Impact Investing as a Form of Lobbying and Its Corporate Governance Effects," available here.
The aim of this study is to provide an in-depth investigation and comparison between Turkish and global companies in terms of innovation and corporate entrepreneurship effects on growth and profitability.
We are thus in need of incorporating a set of corporate control effects, FIRMi, for each i-th company.
From a technical point of view, it is recognized that the cross-sectional design that was chosen because of research economic considerations severely limits results because of the probable but undeterminable time lag of corporate identity effects on CSR disclosure.
At de facto controlled companies, this can fuel the debate into corporate-governance effects of shareholder activism.
He decried a system in which "a handful of superwealthy corporate interests, in effect, can buy our democracy".
And there appears to be little pressure from national soccer federations, players or corporate sponsors to effect change.
Most of Russia's 1,300 banks are the "pocket banks" of large companies, in effect corporate treasuries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com