Results 251 to 260 of about 4,615,353 (309)

Negative Agency Costs [PDF]

open access: possibleSSRN Electronic Journal, 2011
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Culture, agency costs, and dividends [PDF]

open access: possibleJournal of Comparative Economics, 2010
This paper presents a culturally rooted agency explanation for differences in dividend payout policies around the world. We conjecture that the social normative nature of culture influences the character of agency relations and determines the acceptance and legitimacy of different dividend payout strategies across different countries.
: Jana P. Fidrmuc, Marcus Jacob
openaire   +1 more source

Measuring the Agency Cost of Debt

The Journal of Finance, 1992
ABSTRACTWe adapt a contingent claims model of the firm to reflect the incentive effects of the capital structure and thereby to measure the agency costs of debt. An underlying model of the firm and the stochastic features of its product market are analyzed and an optimal operating policy is chosen.
Mello, Antonio S, Parsons, John E
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Wealth effects and agency costs

Games and Economic Behavior, 2014
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Hector Chade, Virginia N. Vera de Serio
openaire   +1 more source

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