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Ruan Tian Va Ma 2011 by Bửu Kiếm Đặng is a document available to read on EtoBox.
This paper examines the influence of managerial ownership on firm performance through capital structure choices, using a sample of S&P 500 firms from 2005. The findings reveal a nonlinear relationship between managerial ownership and firm value, indicating that higher ownership is now required for effective alignment of interests between managers and shareholders compared to previous studies. Additionally, it suggests that managerial ownership impacts capital structure, which subsequently affects firm value
- Author
- Bửu Kiếm Đặng
- Language
- EN