Results 1 to 10 of about 1,690,123 (312)
Corporate tax evasion with agency costs [PDF]
Journal of Public Economics, 2005 This paper examines corporate tax evasion in the context of the contractual relationship between the shareholders of a firm and a tax manager who possesses private information regarding the extent of legally permissible reductions in taxable income, and who may also undertake illegal tax evasion.
Keith J. Crocker, Joel Slemrod
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Project selection, income smoothing, and Bayesian learning [PDF]
, 2003 Capital rationing is an empirically well-documented phenomenon. This constraint requires managers to make investment decisions between mutually exclusive investment opportunities. In a multiperiod agency setting, this paper analyses accounting rules that
Gaber, Christian
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Agency Costs and Ownership Structure in Oil Industry
RAC: Revista de Administração Contemporânea, 2019 This work focuses on analyzing the influence of government ownership of oil companies listed on US stock exchanges on its agency costs, taking into account characteristics of such companies that may interfere on this relationship.
Rafael Pessoa Delgado +1 more
doaj +1 more source
AGENCY COSTS, RISK SHOCKS, AND INTERNATIONAL CYCLES [PDF]
Macroeconomic Dynamics, 2017 We add agency costs into a two-country, two-good international business-cycle model. In our model, changes in the relative price of investment arise endogenously. Despite the fact that technology shocks are uncorrelated across countries, the relative price of investment is positively correlated across countries in our model, much as it is in detrended ...
Letendre, Marc-André, Wagner, Joel
openaire +2 more sources
Explanation of Relationship between Corporate Governance and Intellectual Capital in Agency Theory Perspective: A Structural Equation Modeling Approach [PDF]
مجله دانش حسابداری, 2015 Intellectual capital as an intangible asset produced within a company could be regarded as a strategic asset that enables the company to create competitive advantage and superior financial performance.
Mehdi Heydari +2 more
doaj +1 more source
Impact of mixed ownership reforms on firm innovation–empirical evidence from China
Journal of Applied Economics, 2022 Based on data from Chinese A-share listed companies from 2008–2018, an investigation is carried out upon the impact of mixed ownership reforms and relative control transfers on corporate innovation before and after the occurrence of mixed ownership ...
Kai Wan, Xiaolin Yu
doaj +1 more source
Does product market competition reduce agency costs? [PDF]
The North American Journal of Economics and Finance, 1999 The folk wisdom is that competition reduces agency costs. We provide indirect empirical support for this view. We argue that the temptation to retain cash and engage in less productive activities is more severe for firms in less competitive industries.
Ravi Jagannathan, Shaker B. Srinivasan
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Addressing Agency Costs through Private Litigation in the U.S: Tensions, Disappointments, and Substitutes [PDF]
, 2015 Many scholars argue that over the past seventy years, shareholder representative litigation has acted as an important policing mechanism of managerial abuses at U.S. public companies.
Cox, James D., Thomas, Randall S.
core +3 more sources
Impacts of Company Diversification Strategy on Crash Risk of Stock Price with Emphasis on Agency Costs [PDF]
مجله دانش حسابداری, 2018 This study examines the impacts of company diversification strategy on crash risk of stock price with emphasis on agency costs in the companies listed in the Tehran Stock Exchange, TSE.
Rasoul Baradaran Hassanzadeh (Ph.D) +1 more
doaj +1 more source
The Consequence of Takeover Methods: Schemes of Arrangement vs. Takeover Offers
International Journal of Financial Studies, 2022 This paper examined the effect of two selling processes in the UK market: takeover offers and schemes of arrangement. The latter is argued to allow a bidder to acquire a target company more cheaply and easily because schemes provide a lower threshold of ...
Hala Alqobali, Daniel Li
doaj +1 more source