agency theory: implications for financial management
نویسندگان
چکیده
0
منابع مشابه
Experiments With Financial Markets: Implications For Asset Pricing Theory¶
This article surveys financial markets experiments from a particular vantage point, namely, asset pricing theory. The goal is to assess to what extent these experiments have (and could) shed light on the validity of the basic principles of asset pricing theory, namely (i) that markets equilibrate to the point that expected returns are proportional to covariance with aggregate risk, (ii) that ma...
متن کاملThe effect of financial statements readability on the agency cost
The ambiguity in the readability of financial statements has led to a reduction in the ability of investors to analyze and understand financial information and can be a factor in modifying the agency cost. The purpose of this paper is to examine the role of audit quality and the quality of internal controls in adjusting the relationship between the readability of financial statements and agency...
متن کاملChaos Theory: Implications for Supply Chain Management
Since the late 1950’s it has been recognised that the systems used internally within supply chains can lead to oscillations in demand and inventory as orders pass through the system. The uncertainty generated can result in late deliveries, order cancellations and an increased reliance on inventory to buffer these effects. Despite the best efforts of organisations to stabilise the dynamics gener...
متن کاملOccupational Stress and Turnover Intention: Implications for Nursing Management
Background The main purpose of this study was to explore the status of occupational stress among hospital nurses in Isfahan, Iran. It also aimed to examine the relationship between nurses’ occupational stress and their intention to leave the hospital. Methods The study employed a cross-sectional research design. A validated questionnaire was used to collect data from 296 nurses. Respondents w...
متن کاملProperty Rights Theory, Transaction Costs Theory, and Agency Theory: An Organizational Economics Approach to Strategic Management
Property rights theory has common antecedents with contractual theories of the firm such as transaction costs and agency theories, and is yet distinct from these theories. We illustrate fundamental theoretical principles derived from these three theories by analyzing the business case of oil field unitization. Theoretical principles and application of theory to oil field unitization are each su...
متن کاملInternational Financial Contagion: The Theory, Evidence and Policy Implications
This paper reviews the analytical and empirical literature on contagion. It begins by discussing how to define contagion, the theoretical evidence on how it might occur, and the empirical literature evaluating its causes during the financial crises of the 1990s. There has been less contagion during recent crises, however, as countries, investors, and the international financial institutions hav...
متن کاملمنابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
تحقیقات مالیجلد ۱، شماره ۳، صفحات ۰-۰
میزبانی شده توسط پلتفرم ابری doprax.com
copyright © 2015-2023