...-in-differences methodology is employed. Findings The analysis reveals a positive association between mandatory DDP disclosure and dividend payouts, aligning with agency theory principles, particularly in the presence of high promoter ownership. Our findings underscore the importance of well-structured...

... a GOV for capturing corporate governance of the companies. The studies, so far have used various corporate governance theories to establish these relationships, we try to build the hypothesis for this relationship using agency and stakeholder theories. The agency theory promotes strong corporate...

... structure Agency theory GMM Egypt Since Jensen and Meckling (1976) assumed that the separation between ownership and control in public corporations entails creating numerous agency problems, management scholars have struggled to explore how to mitigate the repercussions of that separation...

... instrumental variables regression to address potential endogeneity. Multiyear contracts Performance Agency theory Endogeneity Major men’s professional sports leagues in the United States, like the National Football League (NFL), Major League Baseball (MLB) and the National Basketball Association...

... diversity (BGD) is negatively associated with systematic risk. Agency theory assumes that board independence (BIND) may balance power between insiders and outsiders (Badu and Appiah, 2017 ; Rashid, 2018). BIND leads to more balanced decisions and less freedom for managers to take unnecessary risks...

... empirically supports and extends the theoretical arguments of Renz (2022) and Renz and Posthuma (2021) , that psychological ownership can be used as an effective management tool. In this study, we contribute to the literature on agency theory and executive compensation in three important ways. Hence...

... 02 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Stock price crash risk Agency theory Systematic literature review Following the global financial crisis, an abundance of research has been conducted on the factors...

... Investment efficiency Overinvestment Agency theory Intangible assets Cash holdings G30 G31 M40 The free cash flow theory argues that managers are not willing to distribute cash to shareholders even when the firm has it in excess of what is required to fund all positive net present value...

... (HML), and momentum (UMD) as in Carhart (1997) Vinh Huy Nguyen can be contacted at: vinhn@csufresno.edu 09 07 2020 02 11 2020 10 03 2021 © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Agency theory Operational...

... 2018 © Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Board of directors Agency theory Family control Cash flow sensitivity of cash Agency problems and the expropriation risk of minority shareholders increase in firms controlled...

...Pi-Hsun Tseng; Xuan-Qi Su; Hsiu-Jung Tsai Purpose The purpose of this paper is to study the effect of managerial education levels on the wealth effect at the time of investment announcements, by testing two competitive hypotheses: the agency theory-based overinvestment hypothesis vs the Q-theory...

...Robert M. Hull; Varun Dawar Purpose – Based on the agency theory, the purpose of this paper is to empirically investigate the impact of capital structure choice on firm performance in India as one of the emerging economies. Design/methodology/approach – Fixed effect panel regression model...

... between board independence and firm value among US firms. Both board size and board busyness are found to be positively associated with firm value in the USA. Social implications – The paper finds strong support for resource dependence theory in the UK but limited support for agency theory...