Université de Neuchâtel

Essays on the globalization of firm ownership

Zhang, Xiqian ; Salva, Carolina (Dir.)

Thèse de doctorat : Université de Neuchâtel, 2017 ; 2671.

This dissertation is constituted of three distinct chapters. The first chapter seeks to resolve a recent debate on whether sovereign wealth funds(SWFs) have non-financial objectives and politically distort firm performance. I find that, once stake size is considered, previous belief that SWFs would affect firm performance should be reformulated. SWFs rarely seek an influential stake in listed...

Université de Neuchâtel

Pension fund governance in Switzerland

Bregnard, Nadège ; Salva, Carolina (Dir.)

Thèse de doctorat : Université de Neuchâtel, 2018 ; 2702.

This thesis studies the internal governance of pension funds with evidence from Switzerland. It is composed of four chapters. Chapter 1 describes the current Swiss occupational pension system with a focus on its governance aspects. It documents in details how the various and different Swiss pension funds are organised and identifies six key structure characteristics to classify them. Chapter 2...