Showing 1 - 10 of 1,443
(VF)L’article présente un modèle décrivant le partage de la valeur créée entre le dirigeant et l’actionnaire. Le modèle montre que le limogeage représente une menace très dissuasive pour le dirigeant qui suffit le plus souvent à réfréner son appétit pour les prélèvements...
Persistent link: https://www.econbiz.de/10005111171
Persistent link: https://www.econbiz.de/10005037372
(VF)L’objectif de cette étude est d’analyser la relation entre les politiques de distribution des entreprises familiales cotées et deux grands types de conflits d’agence dans les entreprises familiales, entre actionnaires et dirigeant (type I), et entre actionnaires majoritaires et...
Persistent link: https://www.econbiz.de/10010585947
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that … dividend policy has information content that can influence to share price. Examination of theory of signaling is related to … research phenomena in other countries indicating that by percentage there is degradation of company which is pay dividend and …
Persistent link: https://www.econbiz.de/10008685512
This study examines the effect of ownership structure on corporate performance of Thai non-financial firms between 1993 and 1996. The ownership structure is considered as: 1. concentrated ownership, 2. different types of concentrated ownership and 3. managerial ownership. It adopted Market...
Persistent link: https://www.econbiz.de/10008539363
This study investigates the effects of controlling shareholders on corporate performance. The empirical results, based on a unique database of Thai firms, do not support the hypothesis that controlling shareholders expropriate corporate assets. In fact, the presence of controlling shareholders...
Persistent link: https://www.econbiz.de/10005045127
This paper examines the ownership structure of listed Thai firms in 1996. The ownership structure is concentrated. In 82.59 percent of the firms in the sample, the largest shareholders are also controlling shareholders. The controlling shareholders are mainly families. Foreign investors form the...
Persistent link: https://www.econbiz.de/10005045133
This study examines the effect of ownership structure on corporate performance of Thai non-financial firms between 1993 and 1996. The ownership structure is considered as: 1. concentrated ownership, 2. different types of concentrated ownership and 3. managerial ownership. It adopted Market...
Persistent link: https://www.econbiz.de/10005753701
This paper analyzes a model with many homogeneous agents, whose effort can be allocated to two tasks. One task produces a public good that is an important input for the production of the final output. The other task only affects the agent's own output. We show that, when the public input and the...
Persistent link: https://www.econbiz.de/10005102696
The paper studies features of the formation of the dividend policy and the factors that determine the example of joint … development of effective dividend policy are tools that would allow property owners to maximize revenues. …
Persistent link: https://www.econbiz.de/10010855525