Changes in two important monitoring mechanisms - ownership structure and board structure around restructuring events are examined. To examine ownership structure I use a sample of corporate spin-offs. To examine board structure I use a sample of acquirers in the banking industry. The results of the dissertation show that public corporations self-adjust their governance around events that require such adjustment. This dissertation significantly extends the literature that suggests that monitoring mechanisms arise endogenously.
| Identifer | oai:union.ndltd.org:PITT/oai:PITTETD:etd-08122005-230532 |
| Date | 06 September 2005 |
| Creators | Patro, Sukesh |
| Contributors | Kuldeep Shastri, Kenneth M. Lehn, Jean Francois Richard, Gershon Mandelker, Shawn Thomas |
| Publisher | University of Pittsburgh |
| Source Sets | University of Pittsburgh |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.library.pitt.edu/ETD/available/etd-08122005-230532/ |
| Rights | unrestricted, I hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to University of Pittsburgh or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. |
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