Contracting-agency analysis of the association between firm risk, investment opportunity set, corporate governance and firm performance
thesis
posted on 2000-01-01, 00:00authored byMarion. Hutchinson
Tests the efficiency of corporate controls (board monitoring and incentive contracts) for growth or risk firms. By exploring the implications of controls and studying their interactive effects on firm performance, this study demonstrates how and why different firms use corporate governance controls to align managers' and shareholders' interests.