Essays about: "agency theory in corporate government"
Found 5 essays containing the words agency theory in corporate government.
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1. To ESG or Not to ESG? That is The Question for Cost of Debt
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : Purpose and research question: The purpose of this study is to investigate whether an improved ESG performance leads to a lower cost of debt, proxied by the yield spread of newly issued corporate bonds and if this effect is more pronounced for firms operating in a stronger institutional environment. We therefore ask the following two research questions: Does a higher ESG score lead to a lower cost of debt, and is this effect moderated by the institutional environment? Methodology: For our panel data we apply POLS-regression models, random effects models, introduce an interaction term to test for the partial effect of the institutional environment, and an ordered probit model to exchange our dependent variable. READ MORE
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2. Accounting manipulation : analyzing corporate subsidy recipients during the covid-19 pandemic
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : In response to the reported increase in accounting crime and suspected fraud in conjunction with the adjustment subsidies initialized during the covid-19 pandemic of 2020, we conducted a study examining accounting manipulation. Based on an explanatory theory for fraud, the Fraud Triangle, we theorize that the financial circumstances that companies experienced during the pandemic and the government subsidies created an environment where accounting manipulation could occur. READ MORE
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3. Profit-driven vs. purpose-driven? A study of the prevalence and implications of foundation ownership
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : Examining the Stockholm Stock Exchange between 1999-2017, we find that foundation-owned firms on average stand for about 50 percent of the total market capitalization and 15 percent of the total number of firms, illustrating the large prevalence and implications foundations have on the Swedish business society. We identify four different categories of foundations; Family, Non-Family, Employee, and Government foundations, where the first is the largest regarding both total firms and total market capitalization. READ MORE
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4. Barriers for Responsible Investments: Facilitating a Greener Economy : -A Multiple Case Study of Asset Management Companies
University essay from Luleå tekniska universitet/Institutionen för ekonomi, teknik och samhälleAbstract : Purpose – The purpose of this research is to develop and contribute with an improved understanding of socially responsible investing and its barriers within the asset management sector. To accomplish the purpose of this research, four areas have been investigated; sustainability, business models, socially responsible investing, and barriers for socially responsible investing. READ MORE
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5. Diversity in Boards of Directors - Opening the “black box” : a quantitative study on how diversity characteristics will influence organizational outcome in public sector with board process as a mediator
University essay from Sektionen för hälsa och samhälleAbstract : Globalization has brought people together from different countries with different aspects of life. Thus, the increase of globalization has brought different diversity topics in light both in era of researchers’ as well as an important political question regarding Board of Directors. READ MORE
