Purpose – This study seeks to examine whether CEO duality further exacerbates CEOs' motivation of self‐interest to engage in mergers and acquisitions to increase their compensation. Design/methodology/approach – Regression tests using CEO compensation as the dependent variable, and CEO...

Purpose – This paper seeks to investigate some current issues of ownership structure and corporate governance in China. Design/methodology/approach – The methodology is a review, analysing issues of ownership structure and reviewing problems in corporate governance, followed by some...

Purpose – The purpose of this study is to examine dividend policies in an emerging capital market, in a country undergoing a transitional period. Design/methodology/approach – Using pooled cross‐sectional observations from the top 50 listed Egyptian firms between 2003 and 2005, this study...

Purpose – The purpose of this paper is to explore the relationship between good corporate governance and dividend payment in the regulated insurance industry. Design/methodology/approach – A modification of Rozeff's transaction cost/agency cost trade‐off model was estimated on a sample of...

Purpose – The purpose of this paper is to assess the market impact of announcements that publicly traded limited liability firms would convert to business income trusts, and to test the robustness of the tax motive as the primary determinant of any conversion announcement effects by estimating...

Purpose – The purpose of this paper is to examine how board tenure affects the compensation of CEOs using a sample of 93 publicly traded US banks. Design/methodology/approach – The paper proposes a CEO allegiance hypothesis whereby long‐term relationships with executives and other...

Purpose – The purpose of this paper is to test the hypothesis that the nationality of ownership affects investment through its interaction with return expectations and cash flow and to answer the question whether this is due to asymmetric information or managerial discretion problems....

Purpose – The purpose of this paper is to present evidence on the effects that different ownership's structures of Greek listed firms exercise on the relation between investment and liquidity constraints. Design/methodology/approach – Corporate governance in Greece is primarily based on the...