...Akash Singh Yadav; Inder Sekhar Yadav Purpose This study examines the influence of product market competition on investment inefficiency of Indian firms in context of agency problems. Additionally, this study also investigates whether intense competition is a substitute for or complementary...

... Institutional environments Agency problem G15 G32 G41 Ly Ho can be contacted at: lyhth@due.edu.vn Over the past decade, corporate sustainability, a key indicator of corporate non-financial performance, has received increasing attention from stakeholders, practitioners, and regulators...

... Limited 2017 Emerald Publishing Limited Licensed re-use rights only Performance Thailand Family ownership Free cash flow Agency problem Investment-cash flow sensitivity The findings of this research provide a better understanding about the role of family shareholders and firms...

... payout is foreseen. Based on the above arguments, the following hypotheses are proposed: The disparity between ownership rights or cash flow rights with control rights (typical of Type 2 agency problem) is substantial in family firms [2] . However in a market like Malaysia which has a strong legal...

.... © Emerald Group Publishing Limited 2015 Investment Agency problem Asset tangibility Executive compensations Inside debt Liquidation value Agency problems arise due to the separation of ownership and control. A rich body of literature has studied the impacts of equity-like...