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Full-Text Articles in Corporate Finance

Are Us Family Firms Subject To Agency Problems? Evidence From Ceo Turnover And Firm Valuation, Xia Chen, Zhonglan Dai Sep 2007

Are Us Family Firms Subject To Agency Problems? Evidence From Ceo Turnover And Firm Valuation, Xia Chen, Zhonglan Dai

Research Collection School Of Accountancy

This paper investigates the impact of the founding family's presence in US public firms on the extent of agency problems related to CEO turnover decisions and on firm valuations after poor performance. In particular, we focus on three types of US public firms: family CEO firms, professional CEO family firms (family firms managed by a hired CEO outside the founding family), and non-family firms. We hypothesize that, the agency problem arising from the expropriation of small shareholders by large shareholders in family CEO firms and the agency problem arising from the separation of ownership and control in non-family firms, lead …


Impact Of Gender And Ethnic Composition Of South African Boards Of Directors On Intellectual Capital Performance, Jean-Luc Wolfgang Mitchell Van Der Zahn Jan 2006

Impact Of Gender And Ethnic Composition Of South African Boards Of Directors On Intellectual Capital Performance, Jean-Luc Wolfgang Mitchell Van Der Zahn

Research Collection School Of Accountancy

This study examines the association between the gender and ethnic composition of boards of directors and firm performance in a transitional nation. In contrast to prior research that largely focuses on firm performance within a financial context, this study concentrates on intellectual capital performance. Using data collected from 84 South African, empirical results indicate a positive association between the percentage of female and non-white directors on the board and a firm’s intellectual capital performance. Additional analysis shows the designation of female directors as an insider has a negative effect of intellectual capital performance. Designation of female and non-white directors as …


Firm Ownership Structure And Intellectual Capital Disclosures, Stephen Firer, S. M. Williamson May 2005

Firm Ownership Structure And Intellectual Capital Disclosures, Stephen Firer, S. M. Williamson

Research Collection School Of Accountancy

The primary purpose of this study is to investigate the association between three ownership structure characteristics and voluntary intellectual capital (IC) disclosure practices. Data for this study is hand collected from the 2000 annual reports of 390 Singapore publicly traded firms. Empirical results indicate Singapore publicly traded firms more closely owned were less likely to voluntarily disclose IC related information than were those where executive directors had smaller holdings in the entity. Finally, findings indicate government linked corporations (GLCs) will likely make more voluntary IC disclosures than non-GLCs. Overall, this study makes several unique contributions to the literature. First, the …


Obesity, Educational Attainment, And State Economic Welfare, Martin W. Sivula Ph.D. May 2004

Obesity, Educational Attainment, And State Economic Welfare, Martin W. Sivula Ph.D.

MBA Faculty Conference Papers & Journal Articles

For the first time in history, estimates of the overweight people in the world rival estimates of those malnourished. The World Health Organization (WHO, 2002) ranked obesity among the top 10 risks to human health worldwide. In the early 1960s, nearly half of the Americans were overweight and 13% were obese. Today some 64% of U.S. adults are overweight and 30.5% are obese. Even more alarming, twice as many U.S. children are overweight than were twenty years ago, a 66% increase. Non-communicable diseases impose a heavy economic burden on already strained health systems. Health is a key determinant of development …


What Makes A Winner?, Linda Riddell Apr 2004

What Makes A Winner?, Linda Riddell

Muskie School Capstones and Dissertations

Health insurance costs are one of the unremitting pressures on corporate profits, but the pressure is not suffered evenly throughout the market. What are the differences between Company A & Company B?


Sampling Concepts, Paul Boyd, Ph.D. Jan 2002

Sampling Concepts, Paul Boyd, Ph.D.

MBA Faculty Conference Papers & Journal Articles

The usefulness of any research is dependent upon how well the group studied represents the group about which decisions are to be made or conclusions drawn. That is, it depends upon how well the sample reflects relevant characteristics of the population. When it is possible to study every member of that group there is no problem, for on these occasions we can easily calculate the exact attribute (parameter) of interest for our population.

For example, if we were interested in determining the average number of gallons of gasoline sold to customers at our service station yesterday, we …


Emerging Technology Companies In India: Equity Compensation As A Strategy, Simon G Zinger Jul 1998

Emerging Technology Companies In India: Equity Compensation As A Strategy, Simon G Zinger

IIMB Management Review

Liberalisation has seen many economies, especially in Asia, opening their hitherto sheltered domestic markets to global competition and providing greater opportunities to trade and foreign investment. The spinoffs of liberalisation bring in new implications, opportunities and challenges for the governments as well as the organisations involved. Round Table features some of the issues discussed in the conference on 'Managing Economic Liberalisation in South Asia : Directions for the 21st Century' held in Chennai, India, from August 10 -13. Selvarajah examines the realignment of economies towards globalisation as a development of regionalism. The shift in economic forces away from multilateral arrangements …


No. 130 1997 November Nov 1997

No. 130 1997 November

International Journal for Business Education

SIEC Historical Documents


No. 129 1997 April Apr 1997

No. 129 1997 April

International Journal for Business Education

SIEC Historical Documents


No. 128 1996 November Nov 1996

No. 128 1996 November

International Journal for Business Education

SIEC Historical Documents


Exhibit - Wku Compensation Study Report, W.F. Corroon Consultants May 1996

Exhibit - Wku Compensation Study Report, W.F. Corroon Consultants

Board of Regents Documents

Study to address issues of internal fairness and market competitiveness of salaries for all non-faculty staff below the director level performed by W.F. Corroon Consultants.


No. 127 1996 April Apr 1996

No. 127 1996 April

International Journal for Business Education

SIEC Historical Documents


No. 126 1995 November Nov 1995

No. 126 1995 November

International Journal for Business Education

SIEC Historical Documents


No. 125 1995 April Apr 1995

No. 125 1995 April

International Journal for Business Education

SIEC Historical Documents


No. 124 1994 November Nov 1994

No. 124 1994 November

International Journal for Business Education

SIEC Historical Documents


No. 123 1994 April Apr 1994

No. 123 1994 April

International Journal for Business Education

SIEC Historical Documents


Ua12/2/1 Special Budget Edition, Wku Student Affairs May 1993

Ua12/2/1 Special Budget Edition, Wku Student Affairs

WKU Administration Documents

Special edition of the College Heights Herald reporting on budget cuts.

  • Western Tightens Its Belt at Board of Regents Meeting
  • Poynter, Chris. Thomas Meredith: His Personal Account Will Be Restored
  • Armes, Anya. Loss of Job Hits Employees Hard – Layoffs
  • Varney, Dennis. Talisman: Yearbook Safe One More Year
  • Martin, John. Student Fees Will Increase – Again
  • Hannah, Jim. College Heights Herald: Thomas Meredith Delays Independency Proposal
  • Cassady, Pam. Western Considering Selling Reserved Parking to Faculty
  • Bunnell, David. Academics: Cuts Hit Classroom Indirectly
  • Brewer, Mike. Little By Little, Budget Cuts Crumbling Hill
  • Anna, Cara. Football Gets More Money
  • Batters, Tom. Mark …


No. 121 1993 April Apr 1993

No. 121 1993 April

International Journal for Business Education

SIEC Historical Documents


No. 120 1992 November Nov 1992

No. 120 1992 November

International Journal for Business Education

SIEC Historical Documents


No. 119 1992 April Apr 1992

No. 119 1992 April

International Journal for Business Education

SIEC Historical Documents


No. 118 1991 November Nov 1991

No. 118 1991 November

International Journal for Business Education

SIEC Historical Documents


No. 117 1991 April Apr 1991

No. 117 1991 April

International Journal for Business Education

SIEC Historical Documents


No. 116 1990 November Nov 1990

No. 116 1990 November

International Journal for Business Education

SIEC Historical Documents


No. 115 1990 April Apr 1990

No. 115 1990 April

International Journal for Business Education

SIEC Historical Documents


No. 114 1989 November Nov 1989

No. 114 1989 November

International Journal for Business Education

SIEC Historical Documents


No. 113 1989 April Apr 1989

No. 113 1989 April

International Journal for Business Education

SIEC Historical Documents


No. 112 1988 November Nov 1988

No. 112 1988 November

International Journal for Business Education

SIEC Historical Documents


No. 111 1988 April Apr 1988

No. 111 1988 April

International Journal for Business Education

SIEC Historical Documents


No. 110 November 1987 Nov 1987

No. 110 November 1987

International Journal for Business Education

SIEC Historical Documents


No. 109 1987 April Apr 1987

No. 109 1987 April

International Journal for Business Education

SIEC Historical Documents