Monitoring and Managerial Discretion Effects on Agency Costs: Evidence from an Emerging Economy

We analyzed the effect of managerial ownership, leverage, and managerial discretion on the agency costs of 14,719 Chilean companies. The results of the instrumental variables (IV) regressions indicate that managerial ownership and capital structure have a negative and non-linear effect on agency cos...

Popoln opis

Shranjeno v:
Bibliografske podrobnosti
izdano v:BAR - Brazilian Administration Review
Main Authors: Jorge Andrés Muñoz Mendoza, Sandra María Sepúlveda Yelpo, Carmen Lissette Veloso Ramos, Carlos Leandro Delgado Fuentealba
Format: Artigo
Jezik:Inglês
Izdano: Associação Nacional de Pós-Graduação e Pesquisa em Administração 2021
Teme:
Administración y Contabilidad
monitoring
Agency costs
growth opportunities
managerial discretion
Online dostop:https://www.redalyc.org/articulo.oa?id=84168225002
Oznake: Označite
Brez oznak, prvi označite!

Podobne knjige/članki