Using a panel dataset for 369 firm-year observations during the period 2005-2013 in the Italian context, we investigate the impact of certain characteristics of corporate boards on the magnitude of corporate Research and Development (R&D). Our findings reveal a negative relationship between R&D...

The objective of this study is to explore the relationship between Research and Development outlays (R&D) and firm ownership structure for public corporations listed on the Italian exchange. Using a sample of 369 firm-year observations over the period 2005-2013 and estimating with the...

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...

Using a panel dataset of non-financial public companies in Italy covering the period 2005–2013, this paper provides an empirical analysis of the relationship between female representation on corporate boards and corporate debt. The presence of women in the boardroom might seem to push...

Purpose: The objective of this study is to investigate the relationship between the debt and ownership structure of a sample of Italian listed companies in order to measure the role assumed in the control and monitoring of agency costs.Design/methodology/approach: This study examines a balanced...

The board of directors plays an important role in corporate governance. It is an internal mechanism that controls and monitors the actions of managers and aligns the utility functions between corporate owners and managers. The board of directors performs multiple functions that concern, for...