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We examine the relation between managerial ownership and corporate debt maturity for the firms listed in Borsa Istanbul …-100 Index (BIST-100) between the period 2005 and 2013. We find a negative relation between managerial ownership and long … term debt maturity. This finding is in line with the agency cost theory which states that ownership of managers' results in …
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The purpose of this study is to analyze the impact of ownership structure on dividend payout (DIV) ratio of 100 … model as a panel data analysis technique indicates that managerial ownership (MO) has shown significant and negative impact … on DIV which indicates that as MO rise, they will prefer to retain instead of distribution. Institutional ownership is …
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