Wilk, Annette
Do Style Investors Govern Differently? Evidence from Germany
98 Seiten
21 x 14,8 x 0,7 cm
Erscheinungstermin 01.07.2011
Bestell-Nr. P86924076
ISBN 978-3-86924-076-3
Preis 44,90 (inkl. 7% Mwst)

Zum Inhalt

Investors can be classified according to their investment style. One well-known example is Warren Buffet who is known as value investor. This thesis establishes a connection between investment style ownership and corporate performance for German listed companies. The rationale for this, are differences in monitoring behaviors according to investment style. Findings include the existence of a link between owners with different investment styles and corporate performance, as well as better performance of firms with many Financial, Government, Individual, Management and Non-Financial owners. In summary, this thesis suggests that style investors in Germany govern differently. The findings are based on a data panel of 576 German CDAX companies. In addition, this thesis describes the particularities of German ownership structures and the German corporate governance system.