Results 31 to 40 of about 1,416 (280)
Effectiveness of monitoring, managerial entrenchment, and corporate cash holdings [PDF]
Journal of Corporate Finance, 2022 We develop a dynamic model of a firm in which cash management is partially delegated to a self-interested manager. Shareholders trade off the cost of dismissing the manager with the cost of managerial discretion over the use of liquid funds. An improvement in corporate governance quality may have a positive or a negative effect on levels and values of ...
Panagiotis Couzoff +2 more
openaire +3 more sources
The Effect of Management Entrenchment on the Equity Capital in Iran [PDF]
Pakistan Journal of Commerce and Social Sciences, 2013 Managerial Entrenchment means that management control a significant portion of the equity in the firm and his/her actions is inconsistent with maximizing aim of the Institute.
Somayeh Baratiyan, Mahdi Salehi
doaj
Business: Theory and Practice, 2018 We analyse security design parameters of 1,115 high yield (HY) and investment grade (IG) event risk covenants (ERC) protected issues between 1986 and 2012 from the agency conflict perspective.
Manish Tewari
doaj +1 more source
Corporate governance, excess-cash and firm value: Evidence from ASEAN-5
Economics and Business Review, 2022 This study investigates the role of the country- and firm-level governance practices on the relationship between excess-cash and firm value in ASEAN-5 markets.
Akhtar Tahir
doaj +1 more source
American Business ReviewWe apply the vector autoregression with exogenous variables (VARX) approach to integrate the optimal contracting theory, the managerial entrenchment theory, the principal-agent theory, the contextual criteria theory, and the upper echelon theory.
Juehui Shi, Ngoc Cindy Pham
doaj +1 more source
Effects of ownership structure on the mergers and acquisitions decisions in Brazilian firms [PDF]
RAUSP Management Journal, 2020 Purpose – The purpose of this study is to examine the effects of ownership structure on merger and acquisition (M&A) decisions of Brazilian listed companies.
Nasaré Vieira Nogueira +1 more
doaj +1 more source
Ownership, Managerial Entrenchment, and Corporate Performance [PDF]
Corporate Governance: An International Review, 2014 An introduction is presented in which the editors discuss various reports within the issue on topics including the impact of family business ownership on innovation productivity, strategic earnings management by institutional investors, and corporate governance regulations.
Kumar, Praveen, ZATTONI, ALESSANDRO
openaire +1 more source
Future Business Journal, 2023 This paper analyzes the nonlinear relationship between corporate ownership structure and income manipulation through accrual-based earnings management in the Egyptian context.
Eman F. Attia +2 more
doaj +1 more source
Managerial Entrenchment and Corporate Bond Financing: Evidence from Japan [PDF]
This paper investigates whether managerial entrenchment of controlling shareholders affects corporate bond financing. Using data on Japanese manufacturing firms, we find that firms with controlling shareholders issue less straight corporate bonds than ...
Takanori Tanaka
core +2 more sources
The New Strategy of High-Tech Companies – Hidden Sources of Growth
Foresight and STI Governance, 2023 The recent increase in the share of zero-leverage firms is most pronounced in the Software and Services, Hardware Equipment, and Pharmaceutical and Biotechnical industries.
Maria Kokoreva +2 more
doaj +1 more source