This study investigates the relationship between agency costs and ownership structure for a sample of listed Italian companies to determine the impact of shareholder coalitions on agency costs. Using a balanced panel dataset of 1,956 firm-year observations for the period 2002−2013, the results...

Purpose – The aim of this study is to investigate the relationship between financial decisions and ownership structure using the control contests on a sample of Italian listed companies.Design/methodology/approach – The analysis adopts a balanced panel data-set of 984 firm-year observations...

This study empirically investigates the impact of the federal budget deficit on the nominal interest rate yields on seven and ten year treasury notes over the 1992–2003 period. To measure the budget deficit, the primary budget deficit, which excludes net interest payments by the treasury,...

This study empirically investigates the impact of the federal budget deficit on the nominal interest rate yields on seven and ten year treasury notes over the 1992?2003 period. To measure the budget deficit, the primary budget deficit, which excludes net interest payments by the treasury, is...