Artikel

The effect of corporate governance on the financial structure of listed firms

The purpose of this study is to analyse the influence of corporate governance on the financial structure of listed firms. The analysis is founded on the capital structure and agency theories. Corporate governance literature indicates the existence of nonlinear relationships, and hence this research applies multiple linear regression to a sample of 100 firms listed on the London Stock Exchange, corresponding to a 3-year period. The results confirm the influence of corporate governance on the financial structure of listed firms, and in particular, the nonlinear effect of the percentage of executive members of the board.

Language
Englisch

Bibliographic citation
Journal: The International Journal of Management Science and Information Technology (IJMSIT) ; ISSN: 1923-0273 ; Year: 2013 ; Issue: 8-(Apr-Jun) ; Pages: 54-77 ; Toronto: NAISIT Publishers

Classification
Management
Subject
Corporate governance
financial structure
agency theory
listed firms

Event
Geistige Schöpfung
(who)
Felício, J. Augusto
Rodrigues, Ricardo
Event
Veröffentlichung
(who)
NAISIT Publishers
(where)
Toronto
(when)
2013

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Felício, J. Augusto
  • Rodrigues, Ricardo
  • NAISIT Publishers

Time of origin

  • 2013

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