Background
Goergen, Marc Georges Jean was born in 1968 in Luxembourg, Luxembourg. Son of Joseph Robert Goergen and Marie-Jeanne Marx.
(Dividends are not only a signal about a firm's prospects ...)
Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Europe and its impact on dividends. Focusing on one of the main representatives of this system, Germany, it highlights major differences between the dividend policies of German firms and those of UK or US firms. Conventional wisdom states that German dividends are lower than UK or US dividends, yet on a published-profits basis, the exact converse is true. In addition, the authors demonstrate a link between corporate control structures and dividend payouts, report evidence that the existence of a loss is an additional determinant of dividend changes, and demonstrate that the tax status of the controlling shareholder and the firm's dividend payout are not linked. The conclusions reached in this book have important implications for the current debate on corporate governance, making it invaluable for academics, finance professionals, regulators and legal advisors.
http://www.amazon.com/gp/product/0199259305/?tag=2022091-20
(A study of German and UK financial markets, addressing th...)
A study of German and UK financial markets, addressing the relationship between corporate governance, ownership and financial performance in German and UK firms floated in the 1980s. Company micro-data is used to examine the firms' performances over the six years from flotation.
http://www.amazon.com/gp/product/1858989787/?tag=2022091-20
Goergen, Marc Georges Jean was born in 1968 in Luxembourg, Luxembourg. Son of Joseph Robert Goergen and Marie-Jeanne Marx.
Bachelor of Science in Economics, Free University Brussels, 1991. Master of Business Administration, Solvay Business School, Brussels, 1992. Doctor of Philosophy, University Oxford, England, 1996.
Lecturer finance University Manchester, England, 1997, University Reading, England, 1997—1998, University Manchester Institute of Science and Technology, Manchester, 1999—2002, senior lecturer finance, 2002—2004. Professor finance University Sheffield, England, since 2005. Research associate European Corporation Governance Institute, Brussels.
Fellow Institute for International Corporation Governance and Accountability, Washington.
(Dividends are not only a signal about a firm's prospects ...)
(A study of German and UK financial markets, addressing th...)
Member of European Finance Association.