Showing 1 - 10 of 92
on the performance and risk of listed firms, but the influence of corporate governance on the dividend policy has rarely … been addressed despite the importance of dividends for shareholders and the implications on the free cash-flow, whose … application may be a source of conflicts between managers and shareholders. In this paper, we study the influence of a set of …
Persistent link: https://www.econbiz.de/10012322365
committee). The study also demonstrates that institutional investors reduce board entrenchment, though it presents no evidence …
Persistent link: https://www.econbiz.de/10012520883
is natural for shareholders to seek to improve their performance and increase the company's value. If CG mechanisms …One of the basic functions of establishing corporate governance (CG) in companies is improving performance and … increasing value for shareholders. Expanding the company's value will ultimately increase the shareholders' wealth. Therefore, it …
Persistent link: https://www.econbiz.de/10013273444
relationship between the agency cost and firm performance. Both the fixed-effects model and a more robust dynamic panel generalized … agency-performance relationship is positively moderated by (1) corporate governance quality, (2) ownership concentration, and … (3) non-state ownership. State ownership has a negative effect on the agency–performance relationship. Various robust …
Persistent link: https://www.econbiz.de/10012309350
This study examines the managerial power-hypothesis of selective hedging, which holds that selective hedging is observed more frequently in companies where managers have greater latitude to execute hedging proposals without serious scrutiny or questioning. The hypothesis is tested using...
Persistent link: https://www.econbiz.de/10012022141
This study examines the impact of corporate governance, reflecting a wide spectrum of board characteristics and ownership structure on agency costs in 281 listed companies on Ho Chi Minh Stock Exchange (HOSE) in Vietnam in the period 2013-2018. For this purpose, three board characteristics were...
Persistent link: https://www.econbiz.de/10012304970
From a risk management perspective, this study examines the role of ownership and board sub-committee governance on direct measures of agency costs in a small OECD economy - New Zealand. Using Logistic and OLS regression approaches, two proxies of direct agency costs are tested on a pooled...
Persistent link: https://www.econbiz.de/10012628873
Risk Management (ERM) implementation. Specifically, we examine the relationship between the presence of large shareholders …
Persistent link: https://www.econbiz.de/10012384421
This concept paper synthesises the special issue with an integrated discussion of all four papers published therein, from the viewpoint of the theme of this special issue: opportunities and challenges for future empirical research in corporate finance. The four papers highlight that future...
Persistent link: https://www.econbiz.de/10013397665
The paper’s prime objective is to understand the impact of Shareholder activism on firm performance. This study is … activism index (sha index) using multiple activisms and corporate governance factors. To measure firm performance, we have used … activism on firm performance. Also, activist investors are targeting companies. These attacks are not fructifying desired …
Persistent link: https://www.econbiz.de/10013168731