Results 1 to 10 of about 317,446 (232)
Managerial Ownership Dynamics and Firm Value [PDF]
Journal of Financial Economics, 2007 From 1988 to 2003, the average change in managerial ownership is significantly negative every year for American firms. The probability of large decreases in ownership is strongly increasing in contemporaneous and past stock returns but the probability of
René M. Stulz, Rüdiger Fahlenbrach
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DEBT RATIO, PERFORMANCE AND CORPORATE VALUES: MANAGERIAL OWNERSHIP VERSUS NON- MANAGERIAL OWNERSHIP
Klabat Accounting Review, 2020 This study aims to determine the comparison of debt ratio, company performance and value between companies with managerial ownership and non-managerial ownership companies. The method used in this research is descriptive method and different test using independent sample t- test tools.
Hartiny Pop Koapaha
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Managerial ownership, entrenchment and innovation. [PDF]
SSRN Electronic Journal, 2011 Principle-agent theory suggests managers might under-invest into R&D for reasons of risk tied to project failure, such as reduced remuneration and job loss.
Beyer, Mila Lou Paula +2 more
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Ownership and Managerial Competition: Employee, Customer, and Outside Ownership [PDF]
, 1999 This paper centers around the question of ownership of firms and managerial competition and how these affect managers and employees' incentives to invest in human capital.
Chenggang Xu, Patrick Bolton
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The Moderating Effect of Environmental Dynamism on Managerial Ownership, Risk, and Performance [PDF]
Binus Business Review, 2016 The goal of this research was to examine the effect of managerial ownership and risk toward company performance with company environment as the moderating variables and the firm-size as the control variable.
Levana Dhia Prawati +1 more
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Managerial ownership and corporate performance in Slovenian post-privatisation period [PDF]
The European Journal of Comparative Economics, 2004 The Slovenian post-privatisation period has been characterised by a decline in the ownership by non-managerial owners (employees) and state-controlled funds.
Marko Simoneti, Aleksandra Gregoric
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Ownership Structure Follows Managerial Strategy
Annals of Business Administrative Science, 2017 Economics of corporate governance treats the ownership structure of shares as an independent variable. This follows the scheme by Berle and Means (1932) that asserts the fact that the broad dispersion of stock ownership promotes “management control” by ...
Nobuo TAKAHASHI
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Managerial Ownership and Accounting Conservativeness [PDF]
مطالعات مدیریت راهبردی, 2015 Company managers, with different motives, try to identify the fastest ways to achieve benefit, and to delay the losses and expenses. Conservativeness limits the capability and desire for such an opportunistic behavior of the managers.
Nasrollah Janafzaei, Mohsen Hasani
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Do changes in managerial ownership matter?
Corporate Ownership and Control, 2009 Agency theory predicts that managerial ownership reduces agency cost and increases firm value. However, empirical evidence on the ownership and firm value relation is, at best, mixed. To date, there is no evidence on how exactly managerial ownership affects firm value and through what channel ownership improves value. Our paper fills in the void in the
Carol Chunfeng Wang, Wei Rowe
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Ownership, managerial changes and performance
, 1991 School of ...
David Parker
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