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This study analyses the influence of CEO characteristics on firm innovation in Australia. Firm R&D expenditure is used as a measurement of innovation in panel and Tobit regression models to estimate managerial effects. Endogeneity effects are also considered. By analysising the association...
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The study uses panel data to investigate agency costs, both principal-agent (PA) and principal-principal (PP), in 240 small businesses not listed on the New Zealand Stock Exchange. Results show that both forms of agency cost vary according to industry, the life of the business and size. The...
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The relationship between board leadership, firm financial performance and agency costs is examined on behalf of a sample of multinational company subsidiaries (MNCs) and local public companies (LPCs) in Sri Lanka. Five years of data for 86 MNC subsidiaries and 113 LPCs, are collected and...
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