Agency costs and ownership structure in Australia
Tài liệu tham khảo
Agrawal, 1996, Firm performance and mechanisms to control agency problems between managers and shareholders, Journal of Financial and Quantitative Analysis, 31, 377, 10.2307/2331397
Alchian, 1972, Production, information costs and economic organisation, American Economic Review, 62, 777
Alchian, 1987, Reflections on the theory of the firm, Journal of Institutional and Theoretical Economics, 143, 110
Anderson, R.C., Mansi, S.A., Reeb, D.M., 2002. Founding family ownership and the agency cost of debt. Working paper, American University, Washington, DC.
Ang, 2000, Agency costs and ownership structure, Journal of Finance, 55, 81, 10.1111/0022-1082.00201
Australian Bureau of Statistics, 2000, Business Longitudinal Survey-Confidentialised Unit Record File, ABS 8141.0.30.001 (Canberra).
Australian Bureau of Statistics, 2002, Small Business in Australia 2001, ABS 1321.0, http://www.ausstats.abs.gov.au/ausstats/, as at 17/10/2002.
Bhattacharya, 2001, Capital markets and the evolution of family businesses, Journal of Business, 74, 187, 10.1086/209670
Coase, 1937, The nature of the firm, Economica, 4, 386, 10.1111/j.1468-0335.1937.tb00002.x
Core, 1999, Corporate governance, chief executive officer compensation and firm performance, Journal of Financial Economics, 51, 343, 10.1016/S0304-405X(98)00058-0
Craswell, 1997, Ownership structure and corporate performance: Australian evidence, Pacific-Basin Finance Journal, 5, 301, 10.1016/S0927-538X(96)00028-5
DeAngelo, 1985, Managerial ownership of voting rights: A study of public corporations with dual classes of common stock, Journal of Financial Economics, 14, 33, 10.1016/0304-405X(85)90043-1
Demsetz, 1983, The structure of ownership and the theory of the firm, Journal of Law and Economics, 26, 375, 10.1086/467041
Demsetz, 1985, The structure of corporate ownership: Causes and consequences, Journal of Political Economy, 93, 1155, 10.1086/261354
Dewenter, 1998, Dividends, asymmetric information, and agency conflicts: Evidence from a comparison of the dividend policies of Japanese and USA firms, Journal of Finance, 53, 879, 10.1111/0022-1082.00038
Fama, 1983, Separation of ownership and control, Journal of Law and Economics, 26, 301, 10.1086/467037
Huddart, 1993, The effect of a large shareholder on corporate value, Management Science, 39, 1407, 10.1287/mnsc.39.11.1407
Jensen, 1986, Agency costs of free cash flow, corporate finance and takeovers, American Economic Review, 76, 323
Jensen, 1993, The modern industrial revolution, exit, and the failure of internal control systems, Journal of Finance, 48, 831, 10.2307/2329018
Jensen, 1976, Theory of the firm: Managerial behaviour, agency costs and capital structure, Journal of Financial Economics, 3, 305, 10.1016/0304-405X(76)90026-X
La Porta, 2000, Agency problems and dividend policies around the world, Journal of Finance, 55, 1, 10.1111/0022-1082.00199
Lerner, 1995, Venture capitalists and the oversight of private firms, Journal of Finance, 50, 301, 10.2307/2329247
Milgrom, 1992
Seetharaman, 2001, Analytical and empirical evidence of the impact of tax rates on the trade-off between debt and managerial ownership, Journal of Accounting, Auditing & Finance, 16, 249, 10.1177/0148558X0101600306
Shleifer, 1986, Large shareholders and corporate control, Journal of Political Economy, 94, 461, 10.1086/261385
Shleifer, 1989, Management entrenchment: the case of manager-specific investments, Journal of Financial Economics, 25, 123, 10.1016/0304-405X(89)90099-8
Shleifer, 1997, A survey of corporate governance, Journal of Finance, 52, 737, 10.2307/2329497
Watts, 1990, Positive accounting theory: A ten year perspective, Accounting Review, 65, 131
White, 1980, A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity, Econometrica, 48, 817, 10.2307/1912934
Williams, 1987, Perquisites, risk, and capital structure, Journal of Finance, 42, 29, 10.2307/2328417
Williamson, 1971, The vertical integration of production: Market failure considerations, American Economic Review, 61, 112
Williamson, 1985
Zeckhauser, 1990, Are large shareholders effective monitors? An investigation of share ownership and corporate performance, 149