...Ali İhsan Akgün; Ayyüce Memiş Karataş Purpose This study examines the relationship between working capital management and business performance. Design/methodology/approach The relationship between the working capital management and business performance is examined using panel data analysis...

... Business performance Canada © Emerald Group Publishing Limited 2010 However, if ownership concentration may provide a solution to the agency problem connected with monitoring and motivating managers, it also implies a limited diversification of financial risk and a higher cost of capital due...

... Business performance Emerging markets China We employ L5 as an ownership concentration proxy that is defined as the combined percentage of shares held by the five largest shareholders. These top five blockholders on average owned 58 per cent of the outstanding equity (see Table II...

...; thus, changes in the allocational efficiency (ΔAE) assessed over subsequent years may not be linked reliably to short‐term market reactions. It is therefore necessary to use a long‐term measure to fully assess the economic impact of internal capital‐market efficiency. Divestment Business...

... ownership and Tobin's Q, a proxy for firm performance. © Emerald Group Publishing Limited 2009 Corporate governance Costs Equity capital Managers Business performance Recent accounting scandals have directed public attention to widespread incidents of opportunistic behavior...

..., and performance in banking firms. Mohamed Belkhir can be contacted at: m.belkhir@uaeu.ac.ae © Emerald Group Publishing Limited 2009 Corporate governance Boards of Directors Business performance Banking Recent corporate governance literature has seen the emergence of an extensive body...