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Are Large Shareholders Effective Monitors? An Investigation of Share Ownership and Corporate Performance
10 references·16 citing·34 second hop
Are Large Shareholders Effective Monitors? An Investigation of Share Ownership and Corporate Performance (1990)Are Large Shareholders Effective Monitors…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Takeover Threats and Managerial Myopia (1988)Takeover Threats and Manageri…Management ownership and market valuation (1988)Management ownership and mark…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Raiders or saviors? The evidence on six controversial investors (1985)Raiders or saviors? The evide…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)GROWTH, BETA AND AGENCY COSTS…Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy (1979)Imperfect Information, Divide…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Logic of Collective Action: Public Goods and the Theory of Groups. (1973)The Logic of Collective Actio…Do corporate governance and ownership structure impact dividend policy in emerging market during financial crisis? (2017)Do corporate governance and o…The board of directors and dividend policy: the effect of gender diversity (2015)The board of directors and di…Ownership concentration, contestability, family firms, and capital structure (2013)Ownership concentration, cont…Does corporate governance explain dividend policy in Sub‐Saharan Africa? (2013)Does corporate governance exp…Corporate governance and institutional ownership: evidence from Jordan (2010)Corporate governance and inst…Dividend behaviour and smoothing new evidence from Jordanian panel data (2009)Dividend behaviour and smooth…The relationship between capital structure and ownership structure (2008)The relationship between capi…Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economies (2008)Ownership structure, strategi…Making corporate governance count: the fusion of ethics and economic rationality (2008)Making corporate governance c…Share reacquisitions, surplus cash, and agency problems (2007)Share reacquisitions, surplus…Corporate Governance, Managers' Independence, Exporting, and Performance of Firms in Transition Economies (2007)Corporate Governance, Manager…Control structures and payout policy (2007)Control structures and payout…The impact of family ownership and capital structures on productivity performance of Korean manufacturing firms: Corporate governance and the “chaebol problem” (2005)The impact of family ownershi…Corporate values and corporate governance (2004)Corporate values and corporat…Why Foreign-owned Firms are Different: A Conceptual Framework and Empirical Evidence for Austria (2002)Why Foreign-owned Firms are D…OWNERSHIP ORGANIZATION AND FIRM PERFORMANCE (1999)OWNERSHIP ORGANIZATION AND FI…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)The Market for Securities: Substitution Versus Price Pressure and the Effects of Information on Share Prices (1972)The market for corporate control (1983)Using daily stock returns (1985)Stock Trading Before the Announcement of Tender Offers: Insider Trading or Market Anticipation? (1989)Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors (2006)Private placements and managerial entrenchment (2007)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Additional evidence on equity ownership and corporate value (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Corporate financing and investment decisions when firms have information that investors do not have (1984)Firms, Contracts, and Financial Structure (1995)The theory and practice of corporate finance: evidence from the field (2001)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Efficient Capital Markets: II (1991)Does Left/Right Structure Party Positions on European Integration? (2002)Cities and the Creative Class (2005)A New Era of Minimal Effects? The Changing Foundations of Political Communication (2008)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 1979Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy2,809 cited
  • 1973The Logic of Collective Action: Public Goods and the Theory of Groups.2,137 cited
  • 1982GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS1,728 cited
  • 1988Takeover Threats and Managerial Myopia1,670 cited
  • 1985Raiders or saviors? The evidence on six controversial investors289 cited

Cited by

  • 2008Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economies216 cited
  • 1999OWNERSHIP ORGANIZATION AND FIRM PERFORMANCE160 cited
  • 2013Does corporate governance explain dividend policy in Sub‐Saharan Africa?156 cited
  • 2008The relationship between capital structure and ownership structure145 cited
  • 2007Control structures and payout policy

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124 cited
  • 2002Why Foreign-owned Firms are Different: A Conceptual Framework and Empirical Evidence for Austria110 cited
  • 2017Do corporate governance and ownership structure impact dividend policy in emerging market during financial crisis?109 cited
  • 2010Corporate governance and institutional ownership: evidence from Jordan109 cited
  • 2015The board of directors and dividend policy: the effect of gender diversity108 cited
  • 2007Share reacquisitions, surplus cash, and agency problems104 cited
  • 2005The impact of family ownership and capital structures on productivity performance of Korean manufacturing firms: Corporate governance and the “chaebol problem”83 cited
  • 2013Ownership concentration, contestability, family firms, and capital structure83 cited
  • 2004Corporate values and corporate governance82 cited
  • 2008Making corporate governance count: the fusion of ethics and economic rationality81 cited
  • 2009Dividend behaviour and smoothing new evidence from Jordanian panel data80 cited
  • 2007Corporate Governance, Managers' Independence, Exporting, and Performance of Firms in Transition Economies77 cited