This study aims to ascertain how the capital structure affects firm value via profitability moderated by hedging practices and size. Verification analysis is used in this study, with data techniques through conditional process analysis. Companies from miscellaneous industrial sectors that were listed on Indonesia Stock Exchange between 2016 2020 make up research population. The showed that: pro...

This study examined the relationship between board size and firm performance using a sample of 110 non-financial listed firms on Kuwait Stock Exchange (KSE) from 2009 to 2017 (9 years). Empirical tests were conducted OLS 2SLS regressions as well two measures control issues endogeneity causality; found that negatively affected performance. Thus, small is better for Kuwaiti firms, which consisten...

This paper constructs and estimates a generalized Roy model with human-capital accumulation and moral hazard to control for self-selection by executives across firms and jobs. It uses the estimated model to decompose the firm-size pay gap into five sources, namely: (1) utility from working, (2) divergence in incentives, (3) monitoring, (4) demand, and (5) human-capital accumulation. It finds no...