Agency theory and corporate governance: A study of the effectiveness of board in their monitoring of the CEO - Bonazzi, Islam - 2007Bonazzi, L. and Islam, S. ( 2007 ), “ Agency theory and corporate governance: a study of the effectiveness of board in their monitoring of the CEO ”, ...
agency,forming a second layer of commission agency relationship.Therefore,the quality of the board of directors is directly related to the success of corporate governance,while the composition of directors is directly related to the efficiency and effectiveness of the board of directors.Independence is...
Originality/value – The finding of this study contributes to the Agency Theory debate, in essence that the board monitoring of CEO will improve the performance of the CEO and avoid possible conflict of interests. 展开 关键词: Corporate governance Mathematical modelling Optimization techniques Chief ...
Comparative Analysis of Corporate Governance Theory The Agency-Stewardship Continuum 热度: Board/CEO Engagement: Bridging the Governance Gap a study of Co ... 热度: Agency costs and corporate governance mechanisms evidence for… 热度: AgencytheoryandcorporateAgencytheoryndcorporategovernancegovernanceAstudyof...
agency theory &the agency problem “代理理论”和代理问题 traditionalstewardship concept管家理论 corporate governance& corporate culture and values 公司治理与企业文化 Agency theory 该观点认为,代理人需要最大化利润,并为股东增加财富。但是,追求的程度问题与社会观点相关,比如: ...
We lack an encompassing and unifying theory of corporate governance. The most popular theoretical framework, Agency Theory, is proving to be a straight jacket: useful in some contexts but quite limiting, particularly when the underlying assumptions do not hold. The Agency Theory led to the evolutio...
(2011). Corporate governance and corporate failure in the context of agency theory. Journal of American Academy of Business, 17(1): 125.Darus, F. and Mohamad, A. (2011) `Corporate governance and corporate failure in the context of agency theory', Journal of American Academy of Business, ...
Agency and Corporate Investment: The Role of Executive Compensation and Corporate Governance The agency theory of the firm implies that executive incentive compensation and corporate investment policies are endogenously determined. We estimate join... SH Kang,P Kumar,H Lee - 《Journal of Business》 ...
Economic exposure the structure of corporate governance in Chinese SOE: Agency theory vs. transaction cost economics modelThis paper reviews the path of SOE reform in China and use economics model to develop an agency theory of interfirm, transactions based on the following ...
Agency theory as one of the dominant paradigms in corporate governance implies that directors have the best interests of shareholders in mind and as their agents ensure mangers have the same interests (Fama and Jensen, 1983; Jensen and Meckling, 1976). While this theory has been largely applied...