This study aims to identify the effect of the quality of corporate governance practices on the configurations and values of executive compensation. According to agency theory, good corporate governance practices contribute to reducing information asymmetries between shareholders and managers...

This study seeks to see the level of impacts that different corporate governance mechanisms has on financial performance of banks in Ethiopia. Explanatory research design was used in establishing the casual effect relationship between corporate governance variables and banks financial...

This study uses the Markov chain and agency theory to demonstrate a link between a salesperson's perceived attributes with customer retention and both optimal effort and commission, using a relational perspective. The purpose is to show sales managers that, with a customer survey, they can use...

The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory,...

This study examines whether board independence influences firms' economic performance among listed firms in Bangladesh. By using data from 135 listed firms on Dhaka Stock Exchange and by using accounting and market performance measures, this study uses simultaneous equation approach to control...

The paper provides new evidence on the way that both the cash and ownership influence firms' market value in the Athens Stock Exchange (ASE) within the Eurozone (2000-2015). Based on corporate governance theory and critical analysis we use the dynamic panel data econometrics, in order to get...

The paper provides new evidence on the way that both the cash and ownership influence firms‟ market value in the Athens Stock Exchange (ASE) within the Eurozone (2000-2015). Based on corporate governance theory and critical analysis we use the dynamic panel data econometrics, in order to get...

Designing a contract is often more of an economic than a legal problem. A good contract protects parties against opportunistic behavior while providing motivation to cooperate. This is where economics and, especially contract theory, may prove helpful by enhancing our understanding of incentive...

This study examines whether board independence influences firms' economic performance among listed firms in Bangladesh. By using data from 135 listed firms on Dhaka Stock Exchange and by using accounting and market performance measures, this study uses simultaneous equation approach to control...

Das in der EU für Aktiengesellschaften kodifizierte Kapitalschutzsystem ist unter Rechtfertigungsdruck geraten und steht vor tiefgreifenden Veränderungen. Es sieht bisher neben der Aufbringung eines Mindestkapitals vielfältige Kapitalaufbringungs- und Kapitalerhaltungsregeln vor, die auf vom...

Die Finanzierung über Bankkredite stellt in Deutschland die wichtigste Finanzierungsquelle für mittelständische Unternehmen dar. Aufgrund der zentralen Bedeutung der Bankfinanzierung, die z. T. zu einer enormen Abhängigkeit der Unternehmen von der Bank führt, stellt sich aus...

Die Einengung haushaltsmäßiger Spielräume durch die Finanzverfassung ist eine Möglichkeit zur Begrenzung staatlichen Verhaltens. Mit den Methoden der konstitutionellen Wirtschaftstheorie, der Informationsökonomik und des Principal-Agent-Ansatzes wird ein allgemeiner theoretischer Rahmen...

Die bisherigen Theorieansätze zur Erklärung der öffentlichen Finanzkontrolle, ihrer Institutionen und ihrer Wirkungsweise weisen erhebliche Defizite auf. Die institutionenökonomische Analyse ermöglicht eine neue Herangehensweise an einen Forschungsgegenstand, der von konstitutiver Bedeutung...

Die Arbeit untersucht, wie sich unternehmensexterne Wettbewerbsbedingungen und Principal-Agent-Probleme zwischen Eigentümern und Managern auf die Anreize zur Kostensenkung, die interne Effizienz in den Unternehmen und die Konsumentenrente auswirken. Es wird gezeigt, dass...

The study examines the effect of internal governance mechanisms on the Internet Reporting of Strategic Information (IRSI) in an emerging market economy, the United Arab Emirates (UAE) It relies on the agency theory and the innovation diffusion theory to generate testable hypotheses and augment...

The study investigated the factors that determine the demand and supply of accounting and audit services in small and medium enterprises (SMEs), with evidence from Lagos, Nigeria. It also sought to know whether accounting and audit services contribute to the success of SMEs. The study made use...