Tayeh, Mohammad; Mustafa, Rafe'; Bino, Adel - In: Journal of Economics, Finance and Administrative Science 28 (2023) 56, pp. 287-302
Purpose - This study investigated the impact of corporate ownership structure on agency costs in the insurance industry …-GMM estimation was used to address endogeneity concerns. Findings The results show that managerial ownership positively (negatively … activities that serve their own interests rather than those of shareholders. The largest shareholder's ownership has no impact on …