Corporate Governance, Ownership Structure and Firm Performance

Lingua: inglese

Editore: Taylor and Francis Ltd, GB, 2023

1032186909 / 9781032186900

Serie: Libro 19 di 24 - Routledge Studies in Corporate Governance

Da: Rarewaves.com UK, London, Regno UnitoRarewaves.com UK

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The relationship between ownership structure and firm performance has been studied extensively in corporate finance and corporate governance literature. Nevertheless, the mediation (path) analysis to examine the issue can be adopted as a new approach to explain why and how ownership structure is related to firm performance and vice versa. This approach calls for full recognition of the roles of agency costs and corporate risk-taking as essential mediating variables in the bi-directional and mediated relationship between ownership structure and firm performance.Based on the agency theory, corporate risk management theory and accounting for the dynamic endogeneity in the ownership-performance relationship, this book develops two-mediator mediation models, including recursive and non-recursive mediation models, to investigate the ownership structure-firm performance relationship. It is demonstrated that agency costs and corporate risk-taking are the 'missing links' in the ownership structure-firm performance relationship. Hence, this book brings into attention the mediation and dynamic approach to this issue and enhances the knowledge of the mechanisms for improving firm's financial performance.This book will be of interest to corporate finance, management and economics researchers and policy makers. Post-graduate research students in corporate governance and corporate finance will also find this book beneficial to the application of econometrics into multi-dimensional and complex issues of the firm, including ownership structure, agency problems, corporate risk management and financial performance.

Codice articolo LU-9781032186900

Titolo
Corporate Governance, Ownership Structure and Firm Performance
Autore
Hoang N. Pham, Sardar M. N. Islam
Editore
Taylor and Francis Ltd, GB
Anno di pubblicazione
2023
Condizione
New
Rilegatura
Paperback
Lingua
inglese
ISBN 10
1032186909
ISBN 13
9781032186900
Peso dell'articolo
453 grammi
Serie
Libro 19 di 24: Routledge Studies in Corporate Governance

Rarewaves.com UK

London, Regno Unito

Venditore con 5 stelle

Venditore AbeBooks dal 11 giugno 2025

Tariffe di spedizione da Regno Unito a U.S.A.

ArticoloDa 60 a 60 giorni lavorativiDa 60 a 60 giorni lavorativi
Primo articoloEUR 75,65EUR 116,39
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