agency theory, financial
Financial crisis through agency theory perspective: the case of Insurance companies
... recent financial crisis; although insurance core activities were not a source of alternative risk, it was the non-insurance activities and specially their investments in the credit market which were the ...the ...
6
Agency Theory in Banking -‘Lessons from the 2007-2010 Financial Crisis’
... This study will test whether previous findings for banks risk taking were sufficient to help explain the operations risks involved and if findings and conclusions are robust to agency theory. More ...
12
Intermediary Function, Capital Structure, Risk And Financial, Performance Of Islamic Bank In Indonesia
... enterprise theory does not only care about individual interests (in this case shareholders), but also other ...enterprise theory has a big concern for broader ...enterprise theory, stakeholders ...
7
Determinants of corporate social responsibility: Empirical evidence from the Netherlands
... following agency theory, it is argued that more highly leveraged firms disclose more voluntary information in their annual reports in order to reduce agency costs and, as a result, cost of capital ...
76
Corporate Ownership And Dividend Policy: Agency Theory Perspectives
... for financial firms, since their business lines are more closely associated with the money management businesses of their institutional ...perspective. Agency theory predicts that the presence of ...
7
Corporate Governance Practices and Firms’ Financial Performance of Selected Manufacturing Companies in Lagos State, Nigeria
... of agency theory was presented by Jensen and Meckling in ...in agency theory has been confirmed by Davis, Schoolman and Donaldson in ...With agency theory, the agent may be ...
12
Determinants of corporate social responsibility disclosure: empirical evidence from Bulgaria
... the financial factors affecting the degree of corporate environmental disclosure in a large sample of 3931 companies operating in 51 industries around the world by using a multi-theoretical ...that agency ...
120
Agency Theory Approach For The Performance Of Returnee Entrepreneurs
... of financial performance, contrary to what had been commonly ...Principal-Principal-Agency theory (Renders & Gaeremynck, 2012), a returnee entrepreneur is the principal who founded the business ...
8
Private Equity's Three Lessons for Agency Theory
... Buyout data is hard to obtain. Once the target is taken private, its results disappear from the radar screen of public trading, the usual source of data for financial analysis. During a buyout fund’s ten-year ...
28
Risk Management Theory: A comprehensive empirical assessment
... Abstract The aim of this paper is to develop a methodology for thorough empirical testing of major contemporary corporate risk management theories: financial theory, agency theory, stake[r] ...
31
WORKING CAPITAL LEVEL AND PROFITABILITY OF MANUFACTURING FIRMS IN UGANDA: A RESEARCH PAPER
... The agency theory poses as a very crucial theoretical paradigm in Finance and Accounting and was introduced by Jensen & Mecking ...An agency relationship involves a business engaging an agent to ...
24
The Link between Profitability and Financial Leverage, Evidence from a Small Island Economy
... between financial leverage and profitability of Mauritian listed ...and financial leverage of Mauritian listed ...(1963) theory, the trade-off theory and the agency ...and ...
14
A Theory of Educational Inequality Family and Agency Costs
... provide financial incentives to their children in order to compensated the disutility involved by ...lower agency costs, which increases their probability to rely on pecuniary ...
23
Embedded Agency in Institutional Theory: Problem or Paradox
... the term, which relates to time consciousness, and specifically to the temporal horizon against which the present is perceived (Husserl, 1999). It is very difficult to connect or reconcile this meaning with Cardinale’s ...
12
Strategies For Rescuing Banking In The Economic Crisis: A Study Of The New Institutional Economic Perspective
... principal agency. The essence of agency theory is that the hierarchy system regulates the delegation of responsibility from the principal to the ...
5
EFFECT OF AGENCY STRATEGIC MANAGEMENT PRACTICES ON PERFOMANCE OF BANKS: CASE STUDY OF COMMERCIAL BANKS WITHIN KISII COUNTY, KENYA
... 2006). Financial institutions can only be allowed to work through retail outlets if the laws permit ...any, financial institutions are permitted to contract banking agents, what products can be offered at ...
9
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 Financial Affairs Minister, was dismissed because the Financial Services Agency made no progress in solving the bad-loans problem under his ...for Financial Revival, one pillar of the ...
23
Testing static trade off theory and agency theory for a German sample
... off theory ascribes a benefitting role to tax ...off theory suggests a positive relation between tax-shields and leverage, as firms can benefit from taking on ...debt. Agency theory is rather ...
39
Does corporate social responsibility affect financial performance of listed manufacturing firms in Germany?
... maximize the profits instead of social well-being, and social activity just affect CFP negatively (Friedman, 1970; Jensen, 2001). The opinion is also called “neoclassical environmental economics” (Friedman, 1970; Wanger ...
70
Do CEO Incentives Mediate the Relationship between Political Influences and Financial Reporting Quality?
... affect financial reporting quality, as revealed by the empirical evidence in a number of recent studies (Braam et ...manipulate financial information (Chi et ...
9