is natural for shareholders to seek to improve their performance and increase the company's value. If CG mechanisms …One of the basic functions of establishing corporate governance (CG) in companies is improving performance and … increasing value for shareholders. Expanding the company's value will ultimately increase the shareholders' wealth. Therefore, it …

relationship between the agency cost and firm performance. Both the fixed-effects model and a more robust dynamic panel generalized … agency-performance relationship is positively moderated by (1) corporate governance quality, (2) ownership concentration, and … (3) non-state ownership. State ownership has a negative effect on the agency–performance relationship. Various robust …

This paper examines the impact of large shareholders and agency theory on a dividend payout decision. Using firms … used in the analysis. Random effects probit models are used to examine the impact of large shareholders, firm size, free … shareholders are disaggregated into three types to determine if they influence the dividend paid: institutions, governments, and …