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We investigate whether family controlled firms use dividends, debt and board structure to exacerbate or mitigate agency problems between controlling and minority shareholders in a capital market environment with high investor protection and private benefits of control. Results indicate family...
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This paper presents an organizational learning framework for reframing management practices within large bureaucratic organizations. Reviewing the relevant literature, the paper argues managers' control orientations and practices effectively stifle learning and personal development by severely...
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Purpose: This study examines the impact of firm-bank relationships on bank loan spreads and the mitigating role of firm credit ratings on that impact. Design/methodology/approach: The study sample consists of Indonesian publicly listed companies for the period 2006 to 2016; bank-loan data was...
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