We analyze the influence of time-, firm-, industry-and country-level determinants of capital
structure. First, we apply hierarchical linear modeling in order to assess the relative …

Abstract Outside the United States and the United Kingdom, large corporations usually have
controlling owners, who are usually very wealthy families. Pyramidal control structures, cross …

The paper investigates how firms operating in capital market-oriented economies (the UK
and the US) and bank-oriented economies (France, Germany, and Japan) determine their …

Globalization that matches the nature of shipping companies has to be a key factor for their
organizational structure and operation. A growing number of them, to exploit the benefits of …

We investigate the determinants of capital structure of public listed companies on Bursa
Malaysia, Singapore Stock Exchange and Thailand Stock Exchange from 2004 to 2013. We …

This paper empirically investigates the relationship between managerial entrenchment and
agency costs for a large sample of UK firms over the period 1999–2005. To measure …

This study examines the widespread belief that executive pay should reflect firm
performance. We compile a hand-collected data set of compensation paid to executive …

This paper studies The Netherlands' private sector self-regulation initiative (“The Peters
Committee”) to improve corporate governance practices. We examine the relation between …

We examine whether corporate social responsibility (CSR) creates value for seasoned
equity issuers. Using a sample of seasoned equity offerings (SEOs) by US companies …

We estimate the incremental financing decision for a sample of some 150 Dutch companies
for the years 1984 through 1997, thereby distinguishing internal finance and three types of …