The purpose of this research study is to analyze the corporate governance mechanisms on agency costs in Sri Lankan listed firms. To analyze this effect, board size, board independence, remuneration, and managerial ownership are considered as effective governance mechanisms in this study. The...

The introduction of Integrated Reporting Framework by IIRC addressing the need of governing the disclosure of Non – Financial information in corporate annual reports significantly enhanced the accounting information’s value relevance. However, some studies concluded that

In the context of the current goal of finance, an analysis of the determinants of a company’s Return on Equity (ROE) is useful to many stakeholders of a company. DuPont model is one of the most efficient models in studying the drivers of a companies’ ROE. Literature review on the DuPont...

The capital structure determinants include observable and unobservable components. Under the unobservable component, CEO characteristics are vital since CEOs are the topmost level managers who have significant influential decision-making power towards the firm capital structure. Therefore, this...

The slack resource theory establishes the proposition that financial performance (FP) generates sustainability performance (SP) through slack resources, claiming that better FP results in slack resources enabling firms to undertake sustainability activities on the economic, environmental, and...