agency problems
The Impact of Foreign Investor Ownership Level on Agency Problems of Manufacturing Companies in Indonesia
... indicate agency problems at a concentration level of foreign share ownership above 50% to above 70%, which are higher than at other levels of ...This agency problem encourages foreign investors to ...
13
Share reacquisitions, surplus cash, and agency problems
... the agency costs of corporate liquidity and their impact on payout policy is ...high agency costs are more likely to overpay in acquisitions, while Blanchard, Lopez-de-Silanes and Shleifer (1994) ...
46
The role of external auditors in corporate governance: agency problems and the management of risk
... management of risk. Since (in my opinion), the management of risk is considered to have the greatest impact and significance in the fields of regulation and corporate governance, amongst these three themes, it will ...
19
Agency Problems and Dividend Policies around the World
... theoretical agency models of dividends that derive dividend policies as part of some broad optimal contract between investors and corporate insiders, which allows for a range of feasible financing ...existing ...
51
The role of external auditors in corporate governance: agency problems and the management of risk
... transparency and the management of risk. Since (in my opinion), the management of risk is considered to have the greatest impact and significance in the fields of regulation and corporate governance, amongst these three ...
11
Average Pay in Banks: Do Agency Problems and Bank Performance Matter?
... An indicator which may serve as a proxy for the importance of agency problems in determining pay is the presence or absence of a Remuneration Committee. This is because the way in which Remuneration ...
30
Agency Problems and Corporate Governance Mechanisms in Indian Companies
... Monitoring Indian Economy (CMIE). The sample is drawn from the BSE 500 index, which represents nearly 93% of the total market capitalization on Bombay Stock Exchange (BSE) and comprised of 20 industries including ...
7
Conflicting selves:family owners’ multiple goals and self control agency problems in private firms
... self-control agency problems that have a psychological foundation, occur at the individual level and materialize as inner conflicts of interest with ...self-control problems in greater ...
42
Agency Problems, Legal Strategies, and Enforcement
... by agency problems and legal strategies: for a given category of corporate decisions, we review the legal strategies that are actively deployed by the key corporate law ...by agency problems ...
21
Managing Employees 'Insides' to Remedy Agency Problems? A Model of Transformational Leadership
... A Model of Transformational Leadership Donze, Jocelyn and Simard-Casanova, Olivier Bureau d’Economie Théorique et Appliquée BETA... if i does not adhere to vf.[r] ...
39
AGENCY PROBLEMS IN CORPORATE FINANCE
... I start by showing two prominent features of bank covenants that are undocumented and unexplained by previous literature. These features are illustrated in Figures 1.1 and 1.2. Fig- ure 1.1 shows the distribution of ...
166
An Application of Principal Agent Theory to Contractual Hiring Arrangements within Public Sector Organizations
... This paper critically examines the application of principal agent theory to contractual hiring ar- rangements of employees in public sector organizations as a contemporary alternative recruit- ment strategy. Globally, ...
6
Over-Investment And The Cost Of Debt
... On the other hand, the expropriation-of-the-minority-shareholders hypothesis posits that the largest shareholders act in such a way as to destroy investor value by transferring the wealth of minority shareholders to ...
14
The crisis as a wake up call Do banks increase screening and monitoring during a financial crisis?
... We exploit the fact that increased screening and monitoring during a crisis will be reflected in changes in the structure of lending syndicates. In particular, in order to increase screening and monitoring, lending ...
24
Setia-Atmaja
... the agency problems between controlling families and minority shareholders among family controlled firms leads to family controlled firms have a lower dividend payout policy and a lower likelihood of paying ...
10
Why Do Firms Pay Dividends? : A Literature Review Dr. RISHI CHAUDHARY Professor Maharshi Dayanand University, Rohtak, Haryana RICHA TULI Research Scholar Maharshi Dayanand University, Rohtak, Haryana
... the agency costs by handling the Dividend ...overinvestment problems of corporations could be squeezed by dividend ...the agency costs but also acts as an indicator of the firm’s valuation to ...
16
Relevance or irrelevance of retention for dividend policy irrelevance
... (1976) agency problems: If agency problems are assumed, ZA must be abandoned in order to provide a more realistic ...that agency theory makes MM’s assumptions inappropriate, although it ...
14
Relevance or irrelevance of retention for dividend policy irrelevance
... (1976) agency problems: if agency problems are assumed, ZA must be abandoned in order to provide a more realistic ...that agency theory makes MM’s assumptions inappropriate, although it ...
20
AGENCY
... Agency is the relationship that exists between two persons, one party called the Agent is considered in law to represent the other, called the Principal, in such a way as to be able to affect the Principal’s legal ...
28
The effort to stabilise the financial system in Japan: an outline and the characteristics of the programme for financial revival Bruegel Working Paper 2015/02, 18 March 2015
... The implementation of special assessments began in 2001, even before the start of the Programme for Financial Revival. However, in September 2001, the large supermarket chain Mycal declared bankruptcy, and people began ...
23