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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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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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
doaj +2 more sources
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
doaj +1 more source
Ownership Structure, Debt Policy, and Financial Constraints
Sriwijaya International Journal of Dynamic Economics and Business, 2021 This study aims to determine how the effect of ownership structure on debt policy with financial constraints as a moderating variable in non-financial companies listed on the Indonesia Stock Exchange in 2015-2019.
Bintang Lazuardi Benteng Buana Muslim +1 more
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Financial Distress Prediction: The Ownership Structure and Managerial Agency Cost
The Indonesian Journal of Accounting Research, 2021 This research aimed to predict financial distress through ownership structure and managerial agency cost. The ownership structure was tested by managerial ownership and institutional ownership. Meanwhile, the managerial agency cost was
Maya Indriastuti +2 more
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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. However, managers might over-invest into innovation for reasons of growth implying higher remuneration, power and prestige.
Köhler, Mila +2 more
openaire +5 more sources
The impact of managerial ownership on audit fees: Evidence from Portugal and Spain
Cogent Economics & Finance, 2023 This study examines the impact of managerial ownership on audit fees in a context of concentrated ownership and poor investor protection. Using samples of Portuguese and Spanish listed companies for the period 2010–2021, the results of this research ...
Sandra Alves
doaj +1 more source
The Effect of Foreign Ownership and Managerial Ability on Earning Quality with Committee Audit as Moderating Variable [PDF]
Облік і фінанси, 2020 This study aims to investigate the effect of foreign ownership and managerial ability on earning quality with committee audit as moderating variable. The authors used secondary data that was obtained from annual report.
Sylvia Dwi Lestari +2 more
doaj +1 more source
RELEVANSI STRUKTUR KEPEMILIKAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN BARANG KONSUMSI [PDF]
Jurnal Akuntansi Multiparadigma, 2017 : The Relevance of Ownership Structure to Porfitability and Value of Consumer Goods Company. This study aimed to analyze the relevance of managerial and institutional ownership on profitability and firm value.
Ahmad Nurkhin +2 more
doaj +1 more source