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Ownership, independent directors, agency costs and financial distress: evidence from Chinese listed companies
16 references·16 citing·34 second hopsampled
Ownership, independent directors, agency costs and financial distress: evidence from Chinese listed companies (2008)Ownership, independent directors, agency …Strategy Research in Emerging Economies: Challenging the Conventional Wisdom* (2005)Strategy Research in Emerging…STRATEGY IN EMERGING ECONOMIES. (2000)STRATEGY IN EMERGING ECONOMIE…Agency Costs and Ownership Structure (2000)Agency Costs and Ownership St…State versus Private Ownership (1998)State versus Private OwnershipThe Proper Scope of Government: Theory and an Application to Prisons (1997)The Proper Scope of Governmen…Production, Information Costs and Economic Organization (1996)Production, Information Costs…A Theory of Privatisation (1996)A Theory of PrivatisationThe Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The Financial and Operating P…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…Management entrenchment (1989)Management entrenchmentManagerial control of voting rights (1988)Managerial control of voting …Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Agency Problems and Residual Claims (1983)Agency Problems and Residual …Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…The recurrence of financial distress: A survival analysis (2022)The recurrence of financial d…Does the efficiency of working capital management affect a firm’s financial distress? Evidence from UAE (2022)Does the efficiency of workin…Does gender diversity on boards reduce the likelihood of financial distress? Evidence from Malaysia (2022)Does gender diversity on boar…Corporate governance and financial distress: Asian emerging market perspective (2021)Corporate governance and fina…Can board diversity predict the risk of financial distress? (2021)Can board diversity predict t…The Effect of Board Diversity on Firm Performance: Evidence from Chinese L isted Companies (2020)The Effect of Board Diversity…Does the efficiency of corporate governance and intellectual capital affect a firm's financial distress? Evidence from Egypt (2020)Does the efficiency of corpor…Corporate Governance Quality, Ownership Structure, Agency Costs and Firm Performance. Evidence from an Emerging Economy (2020)Corporate Governance Quality,…The impact of managerial ownership, institutional ownership, proportion of independent commissioner, and intellectual capital on financial distress (2019)The impact of managerial owne…Retrenchment Strategies and Family Involvement: The Role of Survival Risk (2018)Retrenchment Strategies and F…Corporate governance mechanisms and agency costs: cross-country analysis (2016)Corporate governance mechanis…Corporate governance and initial compliance with IFRS in emerging markets: The case of income tax accounting in Egypt (2015)Corporate governance and init…A note on board characteristics, ownership structure and default risk in Taiwan (2013)A note on board characteristi…The effects of corporate governance on performance and financial distress (2012)The effects of corporate gove…Government ownership, audit firm size and audit pricing: Evidence from China (2012)Government ownership, audit f…Does family business excel in firm performance? An institution-based view (2010)Does family business excel in…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)The theory and practice of corporate finance: evidence from the field (2001)Separation of Ownership and Control (1983)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Are family firms really superior performers? (2007)A review of archival auditing research (2014)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Law and Finance (1998)The Nature of the Firm (1937)Dynamic capabilities and strategic management (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Theory of Value (1959)Auditor size and audit quality (1981)Strategic assets and organizational rent (1993)The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields (1983)Firm Resources and Sustained Competitive Advantage (1991)The resource-based view of the firm: Ten years after 1991 (2001)Institutional Transitions and Strategic Choices (2003)An institution-based view of international business strategy: a focus on emerging economies (2008)Equilibrium Unemployment as a Worker Discipline Device (1986)Property Rights and the Nature of the Firm (1990)Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1996Production, Information Costs and Economic Organization9,565 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1983Agency Problems and Residual Claims4,877 cited
  • 2000STRATEGY IN EMERGING ECONOMIES.3,835 cited
  • 2000Agency Costs and Ownership Structure2,517 cited
  • 1988Managerial control of voting rights2,441 cited
  • 1989Management entrenchment2,155 cited
  • 2005Strategy Research in Emerging Economies: Challenging the Conventional Wisdom*1,842 cited
  • 1998State versus Private Ownership1,837 cited
  • 1997The Proper Scope of Government: Theory and an Application to Prisons1,773 cited
  • 1994The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis1,416 cited
  • 1996

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A Theory of Privatisation
1,213 cited

Cited by

  • 2020Does the efficiency of corporate governance and intellectual capital affect a firm's financial distress? Evidence from Egypt147 cited
  • 2021Corporate governance and financial distress: Asian emerging market perspective136 cited
  • 2010Does family business excel in firm performance? An institution-based view121 cited
  • 2012The effects of corporate governance on performance and financial distress92 cited
  • 2012Government ownership, audit firm size and audit pricing: Evidence from China83 cited
  • 2022Does the efficiency of working capital management affect a firm’s financial distress? Evidence from UAE77 cited
  • 2015Corporate governance and initial compliance with IFRS in emerging markets: The case of income tax accounting in Egypt77 cited
  • 2022Does gender diversity on boards reduce the likelihood of financial distress? Evidence from Malaysia75 cited
  • 2018Retrenchment Strategies and Family Involvement: The Role of Survival Risk72 cited
  • 2020The Effect of Board Diversity on Firm Performance: Evidence from Chinese L isted Companies69 cited
  • 2016Corporate governance mechanisms and agency costs: cross-country analysis66 cited
  • 2021Can board diversity predict the risk of financial distress?65 cited
  • 2022The recurrence of financial distress: A survival analysis61 cited
  • 2019The impact of managerial ownership, institutional ownership, proportion of independent commissioner, and intellectual capital on financial distress58 cited
  • 2013A note on board characteristics, ownership structure and default risk in Taiwan57 cited
  • 2020Corporate Governance Quality, Ownership Structure, Agency Costs and Firm Performance. Evidence from an Emerging Economy57 cited