This study examines the relation between the magnitude of an institution's stock ownership and its tendency to support management through the “Say-On-Pay” (SOP) executive compensation vote. We find that an institutional investor is more likely to oppose management on the SOP vote for...

Compliance with corporate governance best practice is costly for all firms but can be prohibitively expensive for small firms, squeezing margins and depleting funds for reinvestment (Linck, Netter & Yang, 2008). In addition, small firms are not afforded the external governance mechanism of...

This study examines the relationship between board diversity and firm performance in small- and medium-sized enterprises (SMEs) in the U.K. In particular, we investigate the role of gender and age as two dimensions of diversity. Using a large sample of SMEs (34,798 firms) located in the U.K. and...

This manuscript examines the influence of some variables relating to boards of directors that we consider to be proxies for power (gender diversity, duality, board size and insider ownership). Their influence on firm debt is explored. The sample examined, Spanish non-financial SMEs, has some...

This paper studies the impact of corporate governance on the firm performance of Unlisted Family Owned Small Firms (UFOSFs) in the relevance of the argument that owner managed firms apart from being guided by the principles of stewardship theory, not only reduce the agency costs of ownership,...

The current governance model is a fundamental change in the corporate culture, given the constant change and globalization of markets, it serves to strengthen the organizational structure of the company, particularly Mexican small and medium enterprises (SMEs) are more vulnerable to change, what...

It has become a cliché that environmental problems are substantial, and that business contributes to them. A common response is stricter environmental regulations, which often inhibit growth. The result can be a trade-off between a healthy environment on the one hand and healthy growth on the...

It is commonly known that the corporate governance is a way of management which is intrinsic to the large corporate structures. Today, in Uzbekistan such corporate structures mainly function in the form of joint-stock companies, limited liability companies, additional liability companies,...

Unlike large firms, the relationship between research and development (R&D) intensity and the firm performance of small- and medium-enterprise firms (SME firms) was found that in the past many studies However, the results of the study of this relationship still differ according to the context,...