Managerial empire building and firm disclosure

O Hope, WB Thomas - Journal of Accounting Research, 2008 - Wiley Online Library
This study tests the agency cost hypothesis in the context of geographic earnings
disclosures. The agency cost hypothesis predicts that managers, when not monitored by …

Viceroys or emperors? An institution‐based perspective on merger and acquisition prevalence and shareholder value

AJJ Maas, P Heugens, TH Reus - Journal of Management …, 2019 - Wiley Online Library
We study how cross‐country variance in institutions that aim to address core agency
problems influences consequential strategic decisions of firms around the world. Scholars …

[PDF][PDF] Small and medium business and investment decision

KS Choi, J Choi - Indian Journal of science and …, 2015 - sciresol.s3.us-east-2.amazonaws …
We explore the association between small and medium business and investment decision.
Specifically, we empirically examine whether small and medium business shows different …

Strategic voting and insider ownership

BB Marquardt, BW Myers, X Niu - Journal of Corporate Finance, 2018 - Elsevier
Manager incentives are viewed as being better aligned with those of shareholders when
they have an ownership stake in the firms they manage. However, manager ownership can …

최고경영자의자기과신성향이이익조정에미치는영향

황국재, 차명기 - 한국경영학회융합학술대회, 2015 - dbpia.co.kr
본 연구는 최고경영자의 특성 중 하나인 자기과신 성향이 이익조정에 미치는 영향에 대하여
양자 간의 관계를 실증분석 하였다. 연구 결과 자신의 능력과 지위에 대한 과도한 자신감을 …

A new relationship between ownership–control wedge and overinvestment practices: Evidence from Korean business groups (chaebol)

J Goh, J Lee, J Cho - Asia‐Pacific Journal of Financial Studies, 2016 - Wiley Online Library
This study examines the effects of controlling shareholders' ownership–control wedge on
firms' overinvestment practices. In addition, it further investigates the incentive effects of …

산업집중도와투자효율성

김경혜 - 국제회계연구, 2015 - dbpia.co.kr
본 연구는 산업집중도와 투자의사결정 간의 관계를 분석한다. 구체적으로, 기업이 속한 산업의
집중도가 해당기업의 투자효율성에 미치는 영향을 분석하고자 한다. BR 기업이 정상적인 …

Can Required Justification Overcome Agency Problems? Dodd-Frank Section 972 and the Performance of Duality Firms

TC Campbell, A Choi - Dodd-Frank Section, 2024 - papers.ssrn.com
Abstract Section 972 of the Dodd-Frank Wall Street Reform and Consumer Protection Act
requires duality firms to disclose, in annual proxy statements, why the CEO serves as the …

퇴직급여적립수준과투자효율성간의관련성

노정희, 최종서 - 대한경영학회지, 2018 - dbpia.co.kr
본 연구에서는 국내 상장기업을 대상으로 확정급여형 퇴직연금적립이 투자효율성에 영향을
미치는지를 조사한다. 확정급여형 연금제도는 근로자가 퇴직 후 지급받는 퇴직급여가 사전에 …

[引用][C] 公司治理对经理人自利动机与费用粘性的影响研究

秦兴俊, 李粮 - 当代财经, 2014