of an efficient management team. Families are the most pronounced type of controlling shareholders in Europe, especially … minority shareholders by the controlling shareholders is extensive. The efficiency of capital allocation is positively …

Debt is not frequently analyzed in relation to the conflict between controlling and outside shareholders. At the same … time, debt helps to manage the type II corporate agency conflicts because it is easier for controlling shareholders to …

Debt may help to manage type II corporate agency conflicts because it is easier for controlling shareholders to modify … period 1998-2009 is empirically tested. It supports an inverted U-shape relationship between shareholders' ownership and … leverage. At low levels of ownership, controlling shareholders use more debt in order to inflate their stake in capital and to …

managers as a function of their investor contracts. We tried to evaluate the present value of the carried interest, which is …

deteriorating performance exemplifies the deviation in managerial efforts to satisfy the shareholders’ interests. Firms enter …

ownership structure and the board of directors on managers. The confrontation of entrenchment theory and agency theory allows to …

In listed companies, some shareholders can be signatories to agreements that govern their relations. Such agreements … of target shareholders. …