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
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Felício, J. Augusto
- Rodrigues, Ricardo
- NAISIT Publishers
Time of origin
- 2013