On Financial Control and Corporate Governance Structure

Managerial Preferences , Corporate Governance , and Financial Structure ∗

Conflicts of interest between insiders (e.g, controlling shareholders) and outsiders (e.g., minority shareholders) are central to the analysis of modern corporation. In an integrated continuous-time contingent claims framework with imperfect corporate governance, we examine a controlling shareholder’s optimal choice of capital structure, ownership concentration, private benefit diversion, consu...

FINANCIAL STRUCTURE, CORPORATE GOVERNANCE, AND THE MANAGEMENT OF LABOR By

This article explores linkages between the firm’s financial structure, corporate governance, and the management of labor. It reviews various literatures, in particular drawing from Financial Economics, Industrial Relations, and Human Resource Management, to investigate a set of potential linkages. Two ideal types in terms of marketand relational-based financing and outsiderand insider-based gov...

Impact of Corporate Governance on Financial Performance

The purpose of the study is to determine the structural relationship between corporate governance and financial performance. The study develops a model linking corporate governance and financial performance then verifies it through structural equation modeling based on partial least square. The study is based on random sample of all Karachi Stock Exchange listed companies. Data related to corpo...

Impact of Corporate Governance on Corporate Financial Performance

Corporate governance is the new buzz-word in corporate world these days. It is viewed as a moral duty. It involves promoting the compliance of law in letter and spirit and demonstrating ethical conduct. The relationship between corporate governance and financial performance has caught wide attention of researchers in the last decade. Numerous researches have been conducted in past to investigat...

Directorate for Financial and Enterprise Affairs OECD Steering Group on Corporate Governance Paper: CORPORATE GOVERNANCE AND THE FINANCIAL CRISIS