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Publications associées (11)

Hybrid Flock - Formation Control Algorithms

Alcherio Martinoli, Cyrill Silvan Baumann, Jonas Perolini, Emna Tourki

Two prominent categories for achieving coordinated multirobot displacement are flocking and navigation in formation. Both categories have their own body of literature and characteristics, including their respective advantages and disadvantages. While typic ...
2022

Do exogenous changes in passive institutional ownership affect corporate governance and firm value?

Rüdiger Fahlenbrach

We investigate whether corporations and their executives react to an exogenous change in passive institutional ownership and alter their corporate governance structure. We find that exogenous increases in passive ownership lead to increases in CEO power an ...
Elsevier Science Sa2017

Capital gains and architectural losses: the transformative journey of Caudill Rowlett Scott (1948–1994)

Paolo Tombesi

The history of Caudill Rowlett Scott (CRS) provides a powerful account of the cultural transformations, technological shifts and socio-political opportunities that shaped the idea of professional practice in the United States of America between the end of ...
2016

The impact of corporate governance practices on R&D efforts: a look at shareholders’ rights, cross-listing and control pyramid.

Stéphane Lhuillery

The paper considers the impact of multiple shareholder-oriented governance practices on R&D decisions. Based on a sample of 5,528 firms belonging to 110 large French listed business groups, our results substantiate the idea that shareholder-oriented govern ...
Oxford University Press2011

Managerial ownership dynamics and firm value

Rüdiger Fahlenbrach

From 1988 to 2003, the average change in managerial ownership is significantly negative every year for American firms. We find that managers are more likely to significantly decrease their ownership when their firms are performing well, but not more likely ...
2009

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