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Keywords: Agency theory
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Journal Articles
Navigating international waters: the board’s role in enhancing intellectual capital efficiency
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International Journal of Emerging Markets (2025) 20 (12): 5069–5096.
Published: 15 January 2025
...) languages, professional work history, knowledge-based cross-border connections (both personal and professional), adaptability to socio-cultural contexts, and impactful leadership. Agency theory Board internationalization Intellectual capital Board diversity is crucial to achieving...
Journal Articles
Credit risks, national governance and profitability in microfinancing sector: evidence from some emerging economies of world importance
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International Journal of Emerging Markets (2025) 20 (5): 2110–2131.
Published: 04 September 2023
... Profitability Agency theory Emerging economies Microfinancing institutions constitute vital economic actors who play an indispensable role in national progress through the financial inclusion of the marginalized segments of our societies and fostering social equity (Datta and Sahu, 2021 ; Dinga...
Journal Articles
ESG-CFP relationship: exploring the moderating role of financial slack
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International Journal of Emerging Markets (2025) 20 (2): 469–498.
Published: 13 June 2023
...Aanchal Singh; Subir Verma; Samik Shome Purpose This study aims at examining the contentions of the agency theory by exploring the direct relationship between environmental, social and governance (ESG) disclosure score and corporate financial performance (CFP) from the years 2016–2020. It also...
Journal Articles
The choice of destination country of international franchise networks: the case of Mexican franchisors
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International Journal of Emerging Markets (2025) 20 (3): 980–999.
Published: 23 May 2023
... are developed under the theoretical approaches of institutional theory, agency theory, and transaction costs theory and were contrasted on the data obtained from 52 Mexican international franchisors operating in 37 countries as of 2016. This study uses linear regression with ordinary minimums using the STATA...
Journal Articles
Discretionary impacts of the risk management committee attributes on firm performance: do board size matter?
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International Journal of Emerging Markets (2024) 19 (8): 2222–2240.
Published: 29 November 2022
..., independence and meetings negatively affect book-based performance measures and positively affect market-based performance measures. Moreover, board size positively moderates the risk management committee attributes and performance relationship. The study embraces the predictions of agency theory and resource...
Journal Articles
Corporate governance, litigation risk and firm performance: a mediation moderating model
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International Journal of Emerging Markets (2024) 19 (3): 665–678.
Published: 15 July 2022
... create litigation risk could be settled internally with voluntary disclosure practices and externally with institutional ownership. China Litigation risk Agency theory Institutional ownership Firm performance Voluntary disclosures Abdul Waheed can be contacted at: dr.abdulwaheed37...
Journal Articles
Agency perspective in Islamic political treatises: implications for contemporary management research
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International Journal of Emerging Markets (2023) 18 (9): 3022–3042.
Published: 23 September 2021
...Semih Ceyhan; Mehmet Barca Purpose Classical assumptions of agency theory (AT) fall short of providing satisfactory answers to modern management and organizational knowledge (MOK) problems, and there is a need for extending the scope of the field. This article aims to compare modern AT assumptions...
Journal Articles
Is leverage a substitute or outcome for governance? Evidence from financial crises
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International Journal of Emerging Markets (2023) 18 (4): 1007–1030.
Published: 01 June 2021
... competing hypotheses of agency theory, substitute and outcome models. Findings The authors’ results show that debt acts as a substitute for governance before the GFC, but during and after the GFC the picture changes. Namely, debt acts as an outcome of the governance mechanism during the GFC and its...
Journal Articles
Interface between context and theory: the application and development of Agency Theory in the Chinese context
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International Journal of Emerging Markets (2023) 18 (1): 45–63.
Published: 06 April 2021
...Chong Chen; Daojuan Wang; Beibei Wang Purpose This paper explores the contextual factors involved in the development and application of paradigmatic theories in general, and the application and development of Agency Theory in the Chinese context in particular. Design/methodology/approach...
Journal Articles
The influence of board characteristics on environmental performance: evidence from East Asian manufacturing industries
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International Journal of Emerging Markets (2022) 17 (10): 2702–2720.
Published: 23 March 2021
... De Villiers et al. (2011) 2,151 firm-years in the US from 2003–2004 Agency theory Resource dependence theory Environmental strengths from KLD database Board independence Positive Board leadership structure Neutral Directors appointed after CEO Negative Board size Positive...
