Browsing by Subject "Corporate governance"
Now showing items 1-5 of 5
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(Emerald, 2014)Purpose – The purpose of this paper is to examine the impact of business group characteristics on firm-operating performance in Chile. Design/methodology/approach – Using a multiple regression model, this study examines ...
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(Elsevier, 2019)In this paper we analyse the relationship between the investment of Pension Fund Managers (AFPs) and the cost of corporate debt (public and private). Using a sample of 93 non-financial Chilean listed firms between 2009 and ...
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(Elsevier, 2020)A well-known prescription in corporate governance is that high-powered incentive contracts such as performance bonuses are an optimal mechanism for aligning managers with shareholders on an efficient investment policy. ...
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(Elsevier, 2020)We model the agency problem existing in an entrepreneurial firm between its founder and an outside investor and characterize the optimal corporate governance design. The analysis describes the relationship between two ...
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(Elsevier Science publishes, 2014)We propose a model of delegated portfolio management specialized in alternative investments, i.e., those with a high-return and high-risk profile. It is shown that in this context, as a reward for risk-taking scheme is ...