-
1
-
-
0030492391
-
Firm performance and mechanism to control agency problems between managers and shareholders
-
Agrawal, A. and Knoeber, C. (1996) Firm Performance and Mechanism to Control Agency Problems between Managers and Shareholders, Journal of Financial and Quantitative Analysis, 31, 377-397.
-
(1996)
Journal of Financial and Quantitative Analysis
, vol.31
, pp. 377-397
-
-
Agrawal, A.1
Knoeber, C.2
-
2
-
-
84977728261
-
Managerial incentives and corporate investment and financing decisions
-
Agrawal, A. and Mandelker, G. (1987) Managerial Incentives and Corporate Investment and Financing Decisions, The Journal of Finance, 42, 823-837.
-
(1987)
The Journal of Finance
, vol.42
, pp. 823-837
-
-
Agrawal, A.1
Mandelker, G.2
-
3
-
-
84977709477
-
Corporate capital structure, agency costs, and ownership control: The case of all-equity firms
-
Agrawal, A. and Nagarajan, N. (1990) Corporate Capital Structure, Agency Costs, and Ownership Control: the Case of All-Equity Firms, The Journal of Finance, 45, 1325-1331.
-
(1990)
The Journal of Finance
, vol.45
, pp. 1325-1331
-
-
Agrawal, A.1
Nagarajan, N.2
-
4
-
-
0041152114
-
A theory of dividends based on tax clienteles
-
Allen, F., Bernardo, A. and Welch, I. (2000) A Theory of Dividends Based on Tax Clienteles, The Journal of Finance, 55, 2499-2536.
-
(2000)
The Journal of Finance
, vol.55
, pp. 2499-2536
-
-
Allen, F.1
Bernardo, A.2
Welch, I.3
-
6
-
-
84881844837
-
Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
-
Arellano, M. and Bond, S. (1991) Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations, Review of Economics Studies, 58, 227-297.
-
(1991)
Review of Economics Studies
, vol.58
, pp. 227-297
-
-
Arellano, M.1
Bond, S.2
-
8
-
-
21844515372
-
Managerial ownership, debt policy and the impact of institutional holdings: An agency perspective
-
Bathala, C., Moon, K. and Rao, R. (1994) Managerial Ownership, Debt Policy and the Impact of Institutional Holdings: an Agency Perspective, Financial Management, 23, 38-50.
-
(1994)
Financial Management
, vol.23
, pp. 38-50
-
-
Bathala, C.1
Moon, K.2
Rao, R.3
-
9
-
-
0040898637
-
Managerial entrenchment and capital structure decisions
-
Berger, P., Ofek, E. and Yermack, D. (1997) Managerial Entrenchment and Capital Structure Decisions, The Journal of Finance, 52, 1411-1438.
-
(1997)
The Journal of Finance
, vol.52
, pp. 1411-1438
-
-
Berger, P.1
Ofek, E.2
Yermack, D.3
-
10
-
-
0000118836
-
Imperfect information, dividend policy, and "the bird in the hand" fallacy
-
Bhattacharya, S. (1979) Imperfect Information, Dividend Policy, and "the Bird in the Hand" Fallacy, The Bell Journal of Economics, 10, 259-270.
-
(1979)
The Bell Journal of Economics
, vol.10
, pp. 259-270
-
-
Bhattacharya, S.1
-
11
-
-
85040384499
-
Managerial ownership and agency conflicts: A nonlinear simultaneous equation analysis of managerial ownership, risk taking, debt policy and dividend policy
-
Chen, C. and Steiner, T. (1999) Managerial Ownership and Agency Conflicts: a Nonlinear Simultaneous Equation Analysis of Managerial Ownership, Risk Taking, Debt Policy and Dividend Policy, The Financial Review, 34, 119-136.
-
(1999)
The Financial Review
, vol.34
, pp. 119-136
-
-
Chen, C.1
Steiner, T.2
-
12
-
-
0002995046
-
A test of the agency theory of managerial ownership, corporate leverage and corporate dividends
-
Crutchley, C. and Hansen, R. (1989) A Test of the Agency Theory of Managerial Ownership, Corporate Leverage and Corporate Dividends, Financial Management, 18, 36-46.
-
(1989)
Financial Management
, vol.18
, pp. 36-46
-
-
Crutchley, C.1
Hansen, R.2
-
13
-
-
0041595345
-
Agency problem and the simultaneity of financial decision making: The role of institutional ownership
-
Crutchley, C., Jensen, M., Jahera, J. and Raymond, J. (1999) Agency Problem and the Simultaneity of Financial Decision Making: the Role of Institutional Ownership, International Review of Financial Analysis, 8, 177-197.
-
(1999)
International Review of Financial Analysis
, vol.8
, pp. 177-197
-
-
Crutchley, C.1
Jensen, M.2
Jahera, J.3
Raymond, J.4
-
14
-
-
0012522351
-
An empirical analysis of incremental capital structure decisions under managerial entrenchment
-
De Jong, A. and Veld, C. (2000) An Empirical Analysis of Incremental Capital Structure Decisions under Managerial Entrenchment, Journal of Banking and Finance, 25, 1857-1895.
-
(2000)
Journal of Banking and Finance
, vol.25
, pp. 1857-1895
-
-
De Jong, A.1
Veld, C.2
-
15
-
-
84935941592
-
The structure of corporate ownership: Causes and consequences
-
Demsetz, H. and Lehn, K. (1985) The Structure of Corporate Ownership: Causes and Consequences, Journal of Political Economy, 93, 1155-1177.
-
(1985)
Journal of Political Economy
, vol.93
, pp. 1155-1177
-
-
Demsetz, H.1
Lehn, K.2
-
16
-
-
0000498358
-
Ownership and board structures in publicly traded corporations
-
Denis, D. and Sarin, A. (1999) Ownership and Board Structures in Publicly Traded Corporations, Journal of Financial Economics, 52, 187-223.
-
(1999)
Journal of Financial Economics
, vol.52
, pp. 187-223
-
-
Denis, D.1
Sarin, A.2
-
17
-
-
0001413464
-
Two agency-cost explanations of dividends
-
Easterbrook, F. (1984) Two Agency-Cost Explanations of Dividends, The American Economic Review, 74, 650-659.
-
(1984)
The American Economic Review
, vol.74
, pp. 650-659
-
-
Easterbrook, F.1
-
18
-
-
38149143510
-
Managerial share-ownership, voting power and cash dividend policy
-
Eckbo, B. and Verma, S. (1994) Managerial Share-ownership, Voting Power and Cash Dividend Policy, Journal of Corporate Finance, 1, 33-62.
-
(1994)
Journal of Corporate Finance
, vol.1
, pp. 33-62
-
-
Eckbo, B.1
Verma, S.2
-
19
-
-
0000172445
-
Separation of ownership and control
-
Fama, E. and Jensen, M. (1983) Separation of Ownership and Control, Journal of Law and Economics, 26 (June), 301-325.
-
(1983)
Journal of Law and Economics
, vol.26
, Issue.JUNE
, pp. 301-325
-
-
Fama, E.1
Jensen, M.2
-
20
-
-
22144497316
-
Dividend policy, corporate governance and the managerial entrenchment hypothesis: An empirical analysis
-
Farinha, J. (2003) Dividend Policy, Corporate Governance and the Managerial Entrenchment Hypothesis: An Empirical Analysis, Journal of Business Finance and Accounting, 30, 1173-1209.
-
(2003)
Journal of Business Finance and Accounting
, vol.30
, pp. 1173-1209
-
-
Farinha, J.1
-
21
-
-
0002518473
-
Corporate payout policy and managerial stock incentives
-
Fenn, G. and Liang, N. (2001) Corporate Payout Policy and Managerial Stock Incentives, Journal of Financial Economics, 60, 45-72.
-
(2001)
Journal of Financial Economics
, vol.60
, pp. 45-72
-
-
Fenn, G.1
Liang, N.2
-
22
-
-
84977707417
-
An empirical test of the impact of managerial self-interest on corporate capital structure
-
Friend, I. and Lang, L. (1988) An Empirical Test of the Impact of Managerial Self-interest on Corporate Capital Structure, Journal of Finance, 43, 271-281.
-
(1988)
Journal of Finance
, vol.43
, pp. 271-281
-
-
Friend, I.1
Lang, L.2
-
23
-
-
0033337096
-
Potential effects of managers' entrenchment and shareholdings on competitiveness
-
Gadhoum, Y. (1999) Potential Effects of Managers' Entrenchment and Shareholdings on Competitiveness, European Journal of Operational Research, 118, 332-349.
-
(1999)
European Journal of Operational Research
, vol.118
, pp. 332-349
-
-
Gadhoum, Y.1
-
24
-
-
84986516489
-
Leveraging the underinvestment problem: How high debt and management shareholdings solve the agency costs of free cash flow
-
Garvey, G. (1992) Leveraging the Underinvestment Problem: How High Debt and Management Shareholdings Solve the Agency Costs of Free Cash Flow, The Journal of Financial Research, 15, 149-166.
-
(1992)
The Journal of Financial Research
, vol.15
, pp. 149-166
-
-
Garvey, G.1
-
25
-
-
0001240280
-
Management and ownership effects. Evidence from five countries
-
Gedajlovic, E. and Shapiro, D. (1998) Management and Ownership Effects. Evidence from Five Countries, Strategic Management Journal, 19, 533-553.
-
(1998)
Strategic Management Journal
, vol.19
, pp. 533-553
-
-
Gedajlovic, E.1
Shapiro, D.2
-
27
-
-
38149146750
-
Institutional investors, corporate discipline and the role of debt
-
Grier, P. and Zychowicz, E. (1994) Institutional Investors, Corporate Discipline and the Role of Debt, Journal of Economics and Business, 46, 1-11.
-
(1994)
Journal of Economics and Business
, vol.46
, pp. 1-11
-
-
Grier, P.1
Zychowicz, E.2
-
28
-
-
0032263362
-
Dividend policy determinants. An investigation of the influences of stakeholder theory
-
Holder, M., Langrehr, F. and Hexter, L. (1998) Dividend Policy Determinants. An Investigation of the Influences of Stakeholder Theory, Financial Management, 27, 73-82.
-
(1998)
Financial Management
, vol.27
, pp. 73-82
-
-
Holder, M.1
Langrehr, F.2
Hexter, L.3
-
29
-
-
0007127129
-
Were the good old days that good? Changes in managerial stock ownership since the great depression
-
Holderness, C., Kroszner, R. and Sheehan, D. (1999) Were the Good Old Days that Good? Changes in Managerial Stock Ownership since the Great Depression, Journal of Finance, 54, 435-469.
-
(1999)
Journal of Finance
, vol.54
, pp. 435-469
-
-
Holderness, C.1
Kroszner, R.2
Sheehan, D.3
-
30
-
-
0001066475
-
Agency costs of free cash flow, corporate finance and takeovers
-
Jensen, M. (1986) Agency Costs of Free Cash Flow, Corporate Finance and Takeovers, American Economic Review, 76, 323-329.
-
(1986)
American Economic Review
, vol.76
, pp. 323-329
-
-
Jensen, M.1
-
31
-
-
0001806740
-
Active investors, LBOs, and the privatization of bankruptcy
-
Jensen, M. (1989) Active Investors, LBOs, and the Privatization of Bankruptcy, Journal of Applied Corporate Finance, 2, 35-44.
-
(1989)
Journal of Applied Corporate Finance
, vol.2
, pp. 35-44
-
-
Jensen, M.1
-
32
-
-
84959638052
-
Simultaneous determination of insider ownership, debt and dividend policies
-
Jensen, G., Solberg, D. and Zorn, T. (1992) Simultaneous Determination of Insider Ownership, Debt and Dividend Policies, Journal of Financial and Quantitative Analysis, 27, 247-263.
-
(1992)
Journal of Financial and Quantitative Analysis
, vol.27
, pp. 247-263
-
-
Jensen, G.1
Solberg, D.2
Zorn, T.3
-
33
-
-
0000654960
-
Corporate governance and board effectiveness
-
John, K. and Senbet, L. (1998) Corporate Governance and Board Effectiveness, Journal of Banking and Finance, 22, 371-403.
-
(1998)
Journal of Banking and Finance
, vol.22
, pp. 371-403
-
-
John, K.1
Senbet, L.2
-
34
-
-
0002744905
-
Distribution of incomes of corporations among dividends, retained earnings and Taxes
-
Lintner, J. (1956) Distribution of Incomes of Corporations among Dividends, Retained Earnings and Taxes, American Economic Review, 46, 97-113.
-
(1956)
American Economic Review
, vol.46
, pp. 97-113
-
-
Lintner, J.1
-
35
-
-
22144452334
-
Papel de la Política de Dividendos en las Empresas Reguladas
-
Lozano, B., Miguel, A. and Pindado, J. (2002) Papel de la Política de Dividendos en las Empresas Reguladas, Investigaciones Económicas, 26, 447-474.
-
(2002)
Investigaciones Económicas
, vol.26
, pp. 447-474
-
-
Lozano, B.1
Miguel, A.2
Pindado, J.3
-
36
-
-
0000207706
-
Executive compensation structure, ownership, and firm performance
-
Mehran, H. (1995) Executive Compensation Structure, Ownership, and Firm Performance, Journal of Financial Economics, 38, 163-184.
-
(1995)
Journal of Financial Economics
, vol.38
, pp. 163-184
-
-
Mehran, H.1
-
37
-
-
0042371919
-
Determinants of capital structure: New evidence from Spanish panel data
-
Miguel, A. and Pindado, J. (2001) Determinants of Capital Structure: New Evidence from Spanish Panel Data, Journal of Corporate Finance, 7, 77-99.
-
(2001)
Journal of Corporate Finance
, vol.7
, pp. 77-99
-
-
Miguel, A.1
Pindado, J.2
-
38
-
-
8344270182
-
Ownership structure and firm value: New evidence from the Spanish case
-
Miguel, A., Pindado, J. and de la Torre, C. (2004) Ownership Structure and Firm Value: New Evidence from the Spanish Case, Strategic Management Journal, 25, 1199-1207.
-
(2004)
Strategic Management Journal
, vol.25
, pp. 1199-1207
-
-
Miguel, A.1
Pindado, J.2
De La Torre, C.3
-
39
-
-
84992998626
-
The impact of ownership structure on corporate debt policy: A time-series cross-sectional analysis
-
Moh'd, M., Perry, L. and Rimbey, J. (1998) The Impact of Ownership Structure on Corporate Debt Policy: a Time-Series Cross-Sectional Analysis, Financial Review, 33, 85-98.
-
(1998)
Financial Review
, vol.33
, pp. 85-98
-
-
Moh'D, M.1
Perry, L.2
Rimbey, J.3
-
40
-
-
33645896609
-
Management ownership and market valuation
-
Morck, R., Shleifer, A. and Vishny, R. (1988) Management Ownership and Market Valuation, Journal of Financial Economics, 20, 293-315.
-
(1988)
Journal of Financial Economics
, vol.20
, pp. 293-315
-
-
Morck, R.1
Shleifer, A.2
Vishny, R.3
-
41
-
-
84944830772
-
The capital structure puzzle
-
Myers, S. (1984) The Capital Structure Puzzle, Journal of Finance, 39, 575-592.
-
(1984)
Journal of Finance
, vol.39
, pp. 575-592
-
-
Myers, S.1
-
42
-
-
48549110620
-
Corporate financing and investment decisions when firms have Information that investors do not have
-
Myers, S. and Majluf, N. (1984) Corporate Financing and Investment Decisions when Firms Have Information that Investors do not Have, Journal of Financial Economics, 13, 187-221.
-
(1984)
Journal of Financial Economics
, vol.13
, pp. 187-221
-
-
Myers, S.1
Majluf, N.2
-
43
-
-
84993839747
-
What do we know about capital structure? Some evidence from international data
-
Rajan, R. and Zingales, L. (1995) What Do We Know About Capital Structure? Some Evidence from International Data, Journal of Finance, 50, 1421-1460.
-
(1995)
Journal of Finance
, vol.50
, pp. 1421-1460
-
-
Rajan, R.1
Zingales, L.2
-
44
-
-
0017470663
-
The determination of financial structure: The incentive-signalling approach
-
Ross, S. (1977) The Determination of Financial Structure: the Incentive-Signalling Approach, Bell Journal of Economics, 8, 23-40.
-
(1977)
Bell Journal of Economics
, vol.8
, pp. 23-40
-
-
Ross, S.1
-
45
-
-
84986465448
-
Growth, beta and agency costs as determinants of dividend payout ratios
-
Rozeff, M. (1982) Growth, Beta and Agency Costs as Determinants of Dividend Payout Ratios, Journal of Financial Research, 5, 249-259.
-
(1982)
Journal of Financial Research
, vol.5
, pp. 249-259
-
-
Rozeff, M.1
-
46
-
-
84986492803
-
Using dividend policy and managerial ownership to reduce agency costs
-
Schooley, D. and Barney, D. (1994) Using Dividend Policy and Managerial Ownership to Reduce Agency Costs, Journal of Financial Research, 17, 363-373.
-
(1994)
Journal of Financial Research
, vol.17
, pp. 363-373
-
-
Schooley, D.1
Barney, D.2
-
48
-
-
0001026456
-
A survey of corporate governance
-
Shleifer, A. and Vishny, R. (1997) A Survey of Corporate Governance, Journal of Finance, 52, 737-783.
-
(1997)
Journal of Finance
, vol.52
, pp. 737-783
-
-
Shleifer, A.1
Vishny, R.2
-
49
-
-
45549112378
-
Managerial control of voting rights
-
Stulz, R. (1988) Managerial Control of Voting Rights, Journal of Financial Economics, 20, 25-54.
-
(1988)
Journal of Financial Economics
, vol.20
, pp. 25-54
-
-
Stulz, R.1
-
50
-
-
0013222279
-
Specificity and opacity as resourse-based determinants of capital structure: Evidence for Spanish manufacturing firms
-
Vicente-Lorente, J. D. (2001) Specificity and Opacity as Resourse-Based Determinants of Capital Structure: Evidence for Spanish Manufacturing Firms, Strategic Management Journal, 22, 157-177.
-
(2001)
Strategic Management Journal
, vol.22
, pp. 157-177
-
-
Vicente-Lorente, J.D.1
-
51
-
-
0003255407
-
Are large shareholders effective monitors? An investigation of share ownership and corporate performance
-
R. Glenn Hubbard (ed.). Chicago: University of Chicago Press
-
Zeckhauser, R. and Pound, J. (1990) Are Large Shareholders Effective Monitors? An Investigation of Share Ownership and Corporate Performance. In R. Glenn Hubbard (ed.) Asymmetric Information, Corporate Finance, and Investment. Chicago: University of Chicago Press, 149-180.
-
(1990)
Asymmetric Information, Corporate Finance, and Investment
, pp. 149-180
-
-
Zeckhauser, R.1
Pound, J.2
-
52
-
-
0003366384
-
Dynamic capital structure under managerial entrenchment
-
Zwiebel, J. (1996) Dynamic Capital Structure under Managerial Entrenchment, American Economic Review, 86, 1197-1215.
-
(1996)
American Economic Review
, vol.86
, pp. 1197-1215
-
-
Zwiebel, J.1
|