Showing 1 - 4 of 4
Prior research has shown that trust has a positive effect on the economic welfare of nations. We investigate this result by analyzing the effect of endowed trust on agency problems within organizations. We find that firms located in U.S. counties where trust is more prevalent suffer less from...
Persistent link: https://www.econbiz.de/10013022888
Prior research provides mixed results on the ability of American shareholder activists to improve managerial behavior. In Japan, the means of external control (e.g., takeover, litigation) are not as effective as they are in the U.S. Challenging management during annual meetings may be the only...
Persistent link: https://www.econbiz.de/10013051973
Persistent link: https://www.econbiz.de/10011283111
Persistent link: https://www.econbiz.de/10011558864