Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Agency Theory Organization Control And Firm Performance PDF full book. Access full book title Agency Theory Organization Control And Firm Performance.
| Author | : Theresa M. Welbourne |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 1996 |
| Genre | : Business planning |
| ISBN | : |
| Author | : Theresa M. Welbourne |
| Publisher | : |
| Total Pages | : 98 |
| Release | : 1996 |
| Genre | : Business planning |
| ISBN | : |
| Author | : Hoang N. Pham |
| Publisher | : Routledge |
| Total Pages | : 132 |
| Release | : 2022-01-24 |
| Genre | : Business & Economics |
| ISBN | : 1000540332 |
The relationship between ownership structure and firm performance has been studied extensively in corporate finance and corporate governance literature. Nevertheless, the mediation (path) analysis to examine the issue can be adopted as a new approach to explain why and how ownership structure is related to firm performance and vice versa. This approach calls for full recognition of the roles of agency costs and corporate risk-taking as essential mediating variables in the bi-directional and mediated relationship between ownership structure and firm performance. Based on the agency theory, corporate risk management theory and accounting for the dynamic endogeneity in the ownership–performance relationship, this book develops two-mediator mediation models, including recursive and non-recursive mediation models, to investigate the ownership structure–firm performance relationship. It is demonstrated that agency costs and corporate risk-taking are the ‘missing links’ in the ownership structure–firm performance relationship. Hence, this book brings into attention the mediation and dynamic approach to this issue and enhances the knowledge of the mechanisms for improving firm’s financial performance. This book will be of interest to corporate finance, management and economics researchers and policy makers. Post-graduate research students in corporate governance and corporate finance will also find this book beneficial to the application of econometrics into multi-dimensional and complex issues of the firm, including ownership structure, agency problems, corporate risk management and financial performance.
| Author | : James William Gasaway |
| Publisher | : |
| Total Pages | : 394 |
| Release | : 2000 |
| Genre | : |
| ISBN | : |
| Author | : Sim B. Sitkin |
| Publisher | : Cambridge University Press |
| Total Pages | : |
| Release | : 2010-09-16 |
| Genre | : Business & Economics |
| ISBN | : 1139490753 |
Organization scholars have long acknowledged that control processes are integral to the way in which organizations function. While control theory research spans many decades and draws on several rich traditions, theoretical limitations have kept it from generating consistent and interpretable empirical findings and from reaching consensus concerning the nature of key relationships. This book reveals how we can overcome such problems by synthesising diverse, yet complementary, streams of control research into a theoretical framework and empirical tests that more fully describe how types of control mechanisms (e.g., the use of rules, norms, direct supervision or monitoring) aimed at particular control targets (e.g., input, behavior, output) are applied within particular types of control systems (i.e., market, clan, bureaucracy, integrative). Written by a team of distinguished scholars, this book not only sheds light on the long-neglected phenomenon of organizational control, it also provides important directions for future research.
| Author | : Lex Donaldson |
| Publisher | : Cambridge University Press |
| Total Pages | : 284 |
| Release | : 1995-03-16 |
| Genre | : Business & Economics |
| ISBN | : 9780521479172 |
This book offers a critique of recent developments in the study of organizational structure in the USA. There has been a profusion of new paradigms offered in the USA and this has fragmented the field. Many of these paradigms share an anti-management quality, painting managers in an increasingly negative light. This book examines five major, contemporary US organizational theories: population-ecology, institutional, resource dependence, agency and transaction cost economics. Each of these theories and their attendant research is critically examined and severe problems are identified in either theoretical coherence or empirical validity. Lex Donaldson argues that it is possible to reintegrate the field by taking structural contingency theory as the core theory and adding on to it selective propositions from the newer paradigms. He also offers suggestions for needed reforms in the US academic cultural and institutional system.
| Author | : Lex Donaldson |
| Publisher | : |
| Total Pages | : 25 |
| Release | : 1990 |
| Genre | : Group decision making |
| ISBN | : 9781862740747 |
| Author | : Amrinder Khosa |
| Publisher | : Cambridge University Press |
| Total Pages | : |
| Release | : 2019-03-21 |
| Genre | : Business & Economics |
| ISBN | : 1108624863 |
Concentrated ownership is considered to be the best protection for shareholders in economies where legal protection is relatively weak. This book investigates and concludes, for Indian business groups, that concentrated-inside ownership provides opportunities for the expropriation of minority shareholders. While more concentrated direct ownership of controlling families results in a higher market value of equity, indirect ownership obtained through cross-holding provides incentives to extract private benefits and results in value loss. This finding requires the prompt attention of regulatory bodies, outside investors and other interested parties. This book examines the effect of ownership structure and disclosure of related-party transactions on firm valuation of group-affiliated firms in India, by using a sample of 317 listed firms comprising 1350 firm-year observations from 2008 to 2017. Well-accepted value-relevance models are employed to examine the effect of ownership rights on market value of equity and valuation effect of RP trading, asset transfer, investment and loan transactions.
| Author | : Malek El Diri |
| Publisher | : Springer |
| Total Pages | : 120 |
| Release | : 2017-08-20 |
| Genre | : Business & Economics |
| ISBN | : 3319626868 |
This book provides researchers and scholars with a comprehensive and up-to-date analysis of earnings management theory and literature. While it raises new questions for future research, the book can be also helpful to other parties who rely on financial reporting in making decisions like regulators, policy makers, shareholders, investors, and gatekeepers e.g., auditors and analysts. The book summarizes the existing literature and provides insight into new areas of research such as the differences between earnings management, fraud, earnings quality, impression management, and expectation management; the trade-off between earnings management activities; the special measures of earnings management; and the classification of earnings management motives based on a comprehensive theoretical framework.
| Author | : Samuel O. Idowu |
| Publisher | : Springer |
| Total Pages | : 0 |
| Release | : 2013-01-27 |
| Genre | : Business & Economics |
| ISBN | : 9783642280351 |
The role of Corporate Social Responsibility in the business world has developed from a fig leaf marketing front into an important aspect of corporate behavior over the past several years. Sustainable strategies are valued, desired and deployed more and more by relevant players in many industries all over the world. Both research and corporate practice therefore see CSR as a guiding principle for business success. The “Encyclopedia of Corporate Social Responsibility” has been conceived to assist researchers and practitioners to align business and societal objectives. All actors in the field will find reliable and up to date definitions and explanations of the key terms of CSR in this authoritative and comprehensive reference work. Leading experts from the global CSR community have contributed to make the “Encyclopedia of Corporate Social Responsibility” the definitive resource for this field of research and practice.
