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Purpose This study investigated the impact of corporate ownership structure on agency costs in the insurance industry …. Design/methodology/approach The study sample included 23 insurance companies listed on the Amman Stock Exchange (ASE) from … determinants of agency costs from a frontier market in the Middle East and North Africa (MENA), with a focus on the insurance …
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We consider a model of CEO selection, dismissal and retention. Firms with larger blockholder ownership monitor more; they get more information about CEO ability, which facilitates the dismissal of low-ability CEOs. These firms are matched with CEOs whose ability is more uncertain. For retention...
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