... Agency theory Corporate financial distress Size Diversification Structural complexity G32 G3 M10 M42 Corporate financial distress (CFD) is a first-order risk that escalates during economy-wide shocks. Bankruptcy activity spiked at the onset of COVID-19, illustrating how quickly...

... Licensed re-use rights only Financialization Firm value Financial distress National governance Agency theory Existing studies predominantly examine financialization either from a macroeconomic point of view or in terms of aggregate corporate performance and profitability (Feng...

... Drawing upon agency theory, resource dependence theory, and critical mass theory, we develop our study hypotheses. We apply Generalized Method of Moments (GMM) multivariate linear models to 900 observations during the period 2011 to 2019 to reach empirical findings while addressing endogeneity concerns...

...://creativecommons.org/licences/by/4.0/ legalcode Financial reporting transparency Corporate culture Linguistic features Stakeholder theory Agency theory Emerging market Financial reporting transparency extends beyond compliance with accounting standards to encompass comprehensive disclosure of both...

..., agency theory assumes that principals are risk neutral (Demski and Feltham, 1978), as they hold stocks in highly diversified portfolios. Risk neutrality may be realistic in the case of free float, but this is not realistic for every shareholder (Shleifer and Vishny, 1986). Thus, a more detailed analysis...

... with agency theory. However, risk committee independence and risk committee gender diversity are negatively associated with risk disclosure. This contradicts the theoretical perspective and is explained by the weak regulatory framework of Pakistan. Research limitations/implications This study was carried...

... Agency theory The relation between ownership structure and dividend policy has been the subject of research in many studies over recent decades (Rozeff, 1982 ; Cronqvist and Nilsson, 2003 ; Duqi et al., 2020). Dividend payout decisions provide particularly relevant insights...

...Mohamed Omran; Dinesh Ramdhony; Oren Mooneeapen; Vishaka Nursimloo Purpose Drawing upon agency theory, this study analyses the influence of board characteristics on integrated reporting (IR) for the top 50 companies listed on the Australian Securities Exchange (ASX50). Focus is placed on IR...

..., age and growth. The presented findings concur with agency theory, signalling theory and the owner-cost theory. Design/methodology/approach The authors propose a probabilistic model to test the influence of size, profitability, indebtedness, age and growth on the disclosure of intangible...