Housing, home ownership and the governance of ageing

External Governance and Ownership Structure

External governance (e.g., takeover) and internal governance (e.g., ownership structure) are the most common mechanisms to solve the agency problem in a corporation. Cremers and Nair (2005) make the first effort to investigate one of the interactions between the two mechanisms by considering G-index and block shareholder ownership. This paper investigates the interaction between G-index and exe...

Director Ownership, Governance, and Performance

We study the impact of Sarbanes-Oxley Act (SOX) on the relationship between corporate governance and company performance. We consider five measures of corporate governance during the period 1998-2007. We find a negative and significant relationship between board independence and operating performance during the pre-2002 period, but a positive and significant relationship during the post-2002 pe...

The edges of home ownership

This bulletin is based on research by Professor Gavin Wood and Dr Melek Cigdem at the AHURI Research Centre—RMIT University, Associate Professor Rachel Ong at the AHURI Research Centre—Curtin University and Professor Susan J. Smith at Cambridge University. The research sought to understand the pattern and circumstances in which households in mainstream home ownership churn in and out of home ow...

Determinants · of Home Ownership

Ageing in place: a French-British comparison of adaptations to home and housing environments

Background Increasing life expectancy, coupled with the impact that the retirement of the baby boom cohorts will have on society, means that policies to reduce the risk of dependency in later life have become a priority in France and Britain, as elsewhere in Europe. As a consequence, the organisation, funding and delivery of personal and social care provisions are now key issues. However, exist...