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Agency problems and performance of Korean companies during the Asian financial crisis: Chaebol vs. non-chaebol firms
16 references·16 citing·29 second hopsampled
Agency problems and performance of Korean companies during the Asian financial crisis: Chaebol vs. non-chaebol firms (2003)Agency problems and performance of Korean…Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…The separation of ownership and control in East Asian Corporations (2000)The separation of ownership a…Investor protection and corporate governance (2000)Investor protection and corpo…Corporate governance in the Asian financial crisis (2000)Corporate governance in the A…Agency Costs and Ownership Structure (2000)Agency Costs and Ownership St…Law and Finance (1998)Law and FinanceLegal Determinants of External Finance (1997)Legal Determinants of Externa…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Debt Maturity Structure and Liquidity Risk (1991)Debt Maturity Structure and L…Outside directors and CEO turnover (1988)Outside directors and CEO tur…Management ownership and market valuation (1988)Management ownership and mark…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Do Higher-Rated or Enhancing ESG of Firms Enhance Their Long–Term Sustainability? Evidence from Market Returns in Korea (2020)Do Higher-Rated or Enhancing …Which Corporate Social Responsibility Performance Affects the Cost of Equity? Evidence from Korea (2019)Which Corporate Social Respon…CSR, social ties and firm performance (2019)CSR, social ties and firm per…Corporate Social Responsibility, Ownership Structure, and Firm Value: Evidence from Korea (2018)Corporate Social Responsibili…Why did some firms perform better in the global financial crisis? (2017)Why did some firms perform be…The relationship between corporate governance mechanisms and IFRS 7 compliance: evidence from an emerging market (2017)The relationship between corp…Does the corruption perception level of a country affect listed firms’ IFRS 7 risk disclosure compliance? (2017)Does the corruption perceptio…Are foreign investors really beneficial? Evidence from South Korea (2013)Are foreign investors really …Shareholder activism in family‐controlled firms in Malaysia (2012)Shareholder activism in famil…Impact of Corporate Governance on Social and Environmental Information Disclosure of Malaysian Listed Banks: Panel Data Analysis (2012)Impact of Corporate Governanc…How does ownership concentration exacerbate information asymmetry among equity investors? (2011)How does ownership concentrat…Corporate Governance and Risk Management Information Disclosure in Malaysian Listed Banks: Panel Data Analysis (2011)Corporate Governance and Risk…The Cost of Debt Capital and Corporate Governance Practices (2007)The Cost of Debt Capital and …Executive pay and firm performance in the Philippines (2007)Executive pay and firm perfor…IMF-related announcements and stock market returns: Evidence from financial and non-financial sectors in Indonesia, Korea, and Thailand (2006)IMF-related announcements and…Financial Crisis and Firm Performance: empirical evidence from Turkey (2006)Financial Crisis and Firm Per…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)Corporate Ownership Around the World (1999)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Capital Structure Puzzle (1984)Risk, Return, and Equilibrium: Empirical Tests (1973)Does the Stock Market Overreact? (1985)Multifactor Explanations of Asset Pricing Anomalies (1996)On Persistence in Mutual Fund Performance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Problem of Social Cost (1960)Corporate Governance and Equity Prices (2003)Earnings management and investor protection: an international comparison (2003)Law, finance, and economic growth in China (2005)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Common risk factors in the returns on stocks and bonds (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)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)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1998Law and Finance17,902 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 1997Legal Determinants of External Finance9,776 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1988Management ownership and market valuation6,910 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 2000The separation of ownership and control in East Asian Corporations5,753 cited
  • 1988Outside directors and CEO turnover4,251 cited
  • 2002Investor Protection and Corporate Valuation4,055 cited
  • 2000Agency Costs and Ownership Structure2,517 cited
  • 2000Corporate governance in the Asian financial crisis1,864 cited
  • 1991Debt Maturity Structure and Liquidity Risk

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1,815 cited

Cited by

  • 2012Impact of Corporate Governance on Social and Environmental Information Disclosure of Malaysian Listed Banks: Panel Data Analysis137 cited
  • 2018Corporate Social Responsibility, Ownership Structure, and Firm Value: Evidence from Korea94 cited
  • 2011How does ownership concentration exacerbate information asymmetry among equity investors?71 cited
  • 2019CSR, social ties and firm performance57 cited
  • 2020Do Higher-Rated or Enhancing ESG of Firms Enhance Their Long–Term Sustainability? Evidence from Market Returns in Korea48 cited
  • 2012Shareholder activism in family‐controlled firms in Malaysia44 cited
  • 2006Financial Crisis and Firm Performance: empirical evidence from Turkey41 cited
  • 2017The relationship between corporate governance mechanisms and IFRS 7 compliance: evidence from an emerging market40 cited
  • 2007Executive pay and firm performance in the Philippines40 cited
  • 2007The Cost of Debt Capital and Corporate Governance Practices39 cited
  • 2013Are foreign investors really beneficial? Evidence from South Korea39 cited
  • 2019Which Corporate Social Responsibility Performance Affects the Cost of Equity? Evidence from Korea38 cited
  • 2011Corporate Governance and Risk Management Information Disclosure in Malaysian Listed Banks: Panel Data Analysis36 cited
  • 2017Why did some firms perform better in the global financial crisis?34 cited
  • 2017Does the corruption perception level of a country affect listed firms’ IFRS 7 risk disclosure compliance?31 cited
  • 2006IMF-related announcements and stock market returns: Evidence from financial and non-financial sectors in Indonesia, Korea, and Thailand29 cited