Arbeitspapier

Governance risks: How to measure them by means of the incremental cash-flow model

Governance risks stem from the own governance of any organization. The paper puts forward an operational viewpoint of those risks, by mapping the most distinctive categories of governance analysis onto time-dependent governance variables. Afterwards, risks conveyed by the latter are measured against incremental cash flows. The procedure allows a joint analysis of the risky positions carried out by governance variables, tracking them down onto their natural drivers, the incremental cash flows related to assets, creditors, managers, stockholders, and the company's portfolio of non-current financial assets.

Sprache
Englisch

Erschienen in
Series: Serie Documentos de Trabajo ; No. 467

Klassifikation
Wirtschaft
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Thema
governance risks
corporate governance
incremental cash flows
governance variables

Ereignis
Geistige Schöpfung
(wer)
Apreda, Rodolfo
Ereignis
Veröffentlichung
(wer)
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
(wo)
Buenos Aires
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Apreda, Rodolfo
  • Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)

Entstanden

  • 2011

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