Results 11 to 20 of about 22,082 (308)
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. We find that managers are more likely to significantly decrease their ownership when their firms are performing well and more likely to increase their ownership when their firms become financially constrained. When controlling for past
Fahlenbrach, Rüdiger, Stulz, René M.
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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
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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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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.
Koapaha, Hartiny Pop
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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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Understanding the determinants of managerial ownership and the link between ownership and performance [PDF]
Journal of Financial Economics, 1999 Both managerial ownership and performance are endogenously determined by exogenous (and only partly observed) changes in the "rm’s contracting environment. We extend the cross-sectional results of Demsetz and Lehn (1985) ( Journal of Political Economy, 93, 1155}1177) and use panel data to show that managerial ownership is explained by key variables in ...
Charles P. Himmelberg +2 more
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Ownership and managerial competition: employee, customer, or outside ownership [PDF]
, 1999 This paper centres around the question of ownership of firms and managerial competition and how these affect manager and employees' incentives to invest in human capital. We argue that employee's incentives in human capital investment are affected by both ownership and competition since both ownership structure and competition provide bargaining chips ...
Xu, C, Bolton, P
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Investigation of Interactions between Managerial Ownership and Corporate Performance Using the Simultaneous Equations System (Evidence from Tehran Stock Exchange [PDF]
مطالعات تجربی حسابداری مالی, 2017 The interaction of managerial ownership and corporate performance in accordance with their endogenous nature is studied in this research. In other words, interrelations of mentioned variables along with some relevant variables of using three stage ...
Shokrolah Khajavi, Ahmad Shokrollahi
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Jurnal Aplikasi Manajemen, 2020 The purpose of this study is to investigate the relationship between cash holdings and firm value in non-financial companies in Indonesia. This study places managerial ownership as a moderating factor for cash holding and firm value.
Sumiati Sumiati
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Manajemen dan Bisnis, 2015 The purpose of this study is to determine the effect of the following corporation’s variables: value, size, debt policy, growth, liquidity, dividend policy on managerial and institutional ownership in the base and chemical industry sector listed on the ...
Andrena Novita Santoso +2 more
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