Firm Performance and Mechanisms to Control Agency Problems Between Managers and Shareholders.

This paper examines the use of seven mechanisms to control agency problems between managers and shareholders. These mechanisms are: shareholdings of insiders, institutions, and large blockholders; use of outside directors; debt policy; the managerial labor market; and the market for corporate control.

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Year of publication:	1996
Authors:	Agrawal, A. ; Knoeber, C.R.
Institutions:	Rodney L. White Center for Financial Research, Wharton School of Business
Subject:	SHAREHOLDERS \| ENTERPRISES \| ECONOMETRICS

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Series:	Rodney L. White Center for Financial Research Working Papers.
Type of publication:	Book / Working Paper
Notes:	30 pages
Classification:	G10 - General Financial Markets. General ; G11 - Portfolio Choice ; G30 - Corporate Finance and Governance. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245305