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Stockholder–Manager Conflicts and Firm Value
16 references·16 citing·22 second hopsampled
Stockholder–Manager Conflicts and Firm Value (1998)Stockholder–Manager Conflicts and Firm Va…Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Firm Performance and Mechanis…Diversification's effect on firm value (1995)Diversification's effect on f…Tobin's q, Corporate Diversification, and Firm Performance (1994)Tobin's q, Corporate Diversif…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Outside directors and CEO turnover (1988)Outside directors and CEO tur…Managerial control of voting rights (1988)Managerial control of voting …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…Positive Accounting Theory (1985)Positive Accounting TheoryTwo Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …Separation of Ownership and Control (1983)Separation of Ownership and C…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…When Do Greedy Entrepreneurs Exhibit Unethical Pro-Organizational Behavior? The Role of New Venture Team Trust (2022)When Do Greedy Entrepreneurs …The Cressey hypothesis (1953) and an investigation into the occurrence of corporate fraud: an empirical analysis conducted in Brazilian banking institutions (2017)The Cressey hypothesis (1953)…Women directors and IPO underpricing: evidence from Indian markets (2015)Women directors and IPO under…Paradigms for Sustainable Development: Implications of Management Theory (2011)Paradigms for Sustainable Dev…Determinants of Voluntary Executive Stock Option Disclosure in Brazil (2011)Determinants of Voluntary Exe…FTSE4Good: exploring its implications for corporate conduct (2009)FTSE4Good: exploring its impl…Corporate governance practices of small cap companies and their financial performance: an empirical study in New Zealand (2008)Corporate governance practice…Expropriation of minority interests and corporate diversification in Malaysia (2006)Expropriation of minority int…What motivates managers? (2005)What motivates managers?Ownership and Control in Closely‐held Family‐owned Firms: An Exploration of Strategic and Operational Control (2005)Ownership and Control in Clos…The Role of Corporate Governance in the IPO Process: a note (2004)The Role of Corporate Governa…Institutional Investor Power and Heterogeneity (2003)Institutional Investor Power …EXECUTIVE INCENTIVE COMPENSATION SCHEMES AND THEIR IMPACT ON CORPORATE PERFORMANCE: EVIDENCE FROM NEW ZEALAND SINCE COMPENSATION DISCLOSURE REQUIREMENTS BECAME EFFECTIVE (2003)EXECUTIVE INCENTIVE COMPENSAT…CORPORATE GOVERNANCE, OWNERSHIP STRUCTURE AND CORPORATE DIVERSIFICATION: EVIDENCE FROM THE MALAYSIAN LISTED COMPANIES (2003)CORPORATE GOVERNANCE, OWNERSH…Contractual and relational governance in family firms : effects on strategic decision-making quality and firm performance (2002)Contractual and relational go…EXECUTIVE COMPENSATION STRUCTURE AND CORPORATE GOVERNANCE CHOICES (2001)EXECUTIVE COMPENSATION STRUCT…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Higher market valuation of companies with a small board of directors (1996)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)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)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1985Positive Accounting Theory5,837 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1988Outside directors and CEO turnover4,251 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1996Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders2,809 cited
  • 1988Managerial control of voting rights2,441 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance

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2,437 cited

Cited by

  • 2003Institutional Investor Power and Heterogeneity105 cited
  • 2001EXECUTIVE COMPENSATION STRUCTURE AND CORPORATE GOVERNANCE CHOICES87 cited
  • 2008Corporate governance practices of small cap companies and their financial performance: an empirical study in New Zealand83 cited
  • 2011Paradigms for Sustainable Development: Implications of Management Theory64 cited
  • 2009FTSE4Good: exploring its implications for corporate conduct53 cited
  • 2006Expropriation of minority interests and corporate diversification in Malaysia52 cited
  • 2017The Cressey hypothesis (1953) and an investigation into the occurrence of corporate fraud: an empirical analysis conducted in Brazilian banking institutions48 cited
  • 2002Contractual and relational governance in family firms : effects on strategic decision-making quality and firm performance44 cited
  • 2003CORPORATE GOVERNANCE, OWNERSHIP STRUCTURE AND CORPORATE DIVERSIFICATION: EVIDENCE FROM THE MALAYSIAN LISTED COMPANIES39 cited
  • 2005Ownership and Control in Closely‐held Family‐owned Firms: An Exploration of Strategic and Operational Control39 cited
  • 2004The Role of Corporate Governance in the IPO Process: a note38 cited
  • 2022When Do Greedy Entrepreneurs Exhibit Unethical Pro-Organizational Behavior? The Role of New Venture Team Trust37 cited
  • 2005What motivates managers?36 cited
  • 2011Determinants of Voluntary Executive Stock Option Disclosure in Brazil34 cited
  • 2003EXECUTIVE INCENTIVE COMPENSATION SCHEMES AND THEIR IMPACT ON CORPORATE PERFORMANCE: EVIDENCE FROM NEW ZEALAND SINCE COMPENSATION DISCLOSURE REQUIREMENTS BECAME EFFECTIVE32 cited
  • 2015Women directors and IPO underpricing: evidence from Indian markets29 cited