...Edward Jones; Bing Xu; Konstantin Kamp Purpose This paper aims to examine whether agency costs predict disciplinary takeover likelihood for the UK listed companies between 1986 and 2015. Design/methodology/approach Using survival analysis, the approach is to identify candidates...

...David Caban Purpose This paper aims to investigate whether all-equity firms are a heterogeneous group as it relates to agency costs when compared to a matched sample of levered firms and to contribute toward the understanding of the “low leverage” puzzle and the motivations behind...

... 2016 18 05 2016 10 07 2016 12 07 2016 © Emerald Publishing Limited 2017 Emerald Publishing Limited Licensed re-use rights only Executive compensation Agency costs Corporate governance Perquisites (“Perks”) classification G34 M52 The expropriation...

... of their alignment with shareholder interests. The performance gap between firms with high vs low expected agency costs as reflected in terms of higher differentials between board members' interests alignments with those of shareholders amounts to almost 30 percent. Originality/value This paper is the first...