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In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the ownership structure and the board of directors on managers. The confrontation of entrenchment theory and agency theory allows to determine the necessary conditions of the...
Persistent link: https://www.econbiz.de/10010861596
This paper examines a combined set of corporate governance features that influence disclosure quality in a context of ownership concentration. Agency theory presents a theoretical framework linking disclosure decision to corporate governance mechanisms. Using a Multiple Correspondence Analysis...
Persistent link: https://www.econbiz.de/10010706427
This paper examines the role of board of directors’ control over the determination of French executives’ compensation. The theoretical root of this article is that of the agency theory, a dominant theory in the study of the determinants of executives’ compensation. Starting from the fact...
Persistent link: https://www.econbiz.de/10010706680
This article examines the railway concessions in France in the 19th century as examples of a principal – agent relationship between the state and a contractor. I show that one of the main assumptions of the agency theory, the asymmetric information at the benefit of the agent, is not verified....
Persistent link: https://www.econbiz.de/10010708148
This paper aims to examine the effect of many ownership features on firm's disclosure quality using the theoretical framework of the agency theory, which states that investors information demand increases with agency costs of the firm. Public ownership increases agency costs and therefore should...
Persistent link: https://www.econbiz.de/10010905388
As stressed by many authors, knowledge is a key res ource which is nowadays lying at the heart of organizational performance of knowledge intensive o rganizations. Such organizations are characterized by an increasing number of knowledge intensive and interconnected processes. Many knowledge...
Persistent link: https://www.econbiz.de/10010723176
Persistent link: https://www.econbiz.de/10010861593
This paper aims at analysing the differences between two major research fields: Economic intelligence and knowledge management. A framework showing the complementarities between those two fields is set up. After a literature review on those two fields we explain that economic intelligence and...
Persistent link: https://www.econbiz.de/10010740035
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