Revisiting Agency Theory: Evidence of Board Independence and Agency Cost from Bangladesh
This study examines the influence of board independence on firm agency cost among listed firms in Bangladesh, which feature concentrated ownership and high insider representation on corporate boards. This study uses three measures of agency cost: the ‘expense ratio’, the ‘Q-free cash flow interactio...
Main Author: | |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2015
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In: |
Journal of business ethics
Year: 2015, Volume: 130, Issue: 1, Pages: 181-198 |
Further subjects: | B
Agency Theory
B Board independence B Stewardship theory B Resource dependence theory |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |