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mitigating agency problems between managers and shareholders.We find that both the CEO's industry-adjusted monetary compensation …
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Purpose – The purpose of this paper is to assess whether ownership concentration, leverage and demand for equity financing is associated with internal corporate governance quality. The paper focuses on dimensions of governance quality that are related to financial reporting quality....
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shareholders and corporate executives, and thereby improving corporate performance. …
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researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … negative effect on performance. The results also reveal that managers lack control while the board of directors seems to exert … shareholders and performance, a phenomenon which might be explained in terms of private appropriation of benefits. …
Persistent link: https://www.econbiz.de/10008694021
around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey … distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated … blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management …
Persistent link: https://www.econbiz.de/10005797573