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The aim of this paper is to extend the empirical literature on the determinants of a board composition, specifically why family members participate in board of directors. Although both socioemotional wealth approach and agency theory use family-oriented objectives as an important dimension to...
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This paper aims to examine the effect of many ownership features on firm's disclosure quality using the theoretical framework of the agency theory, which states that investors information demand increases with agency costs of the firm. Public ownership increases agency costs and therefore should...
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medium enterprises (SMEs), with evidence from Lagos, Nigeria. It also sought to know whether accounting and audit services … contribute to the success of SMEs. The study made use of survey design. Using a structured questionnaire, evidence was collected …, legal structure, education of managers, possession of accounting skills by managers and capital structure influence demand …
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