Bank financing and corporate governance

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Multiple large shareholders, excess leverage and tunneling: evidence from an emerging market (2017, unknown): “market-based institutional framework for internal and external governance such as the weak nature of the board of directors, the ineffective market for corporate control and the weak legal system, which offers less institutional protection for minority shareholders and provides them with relatively ”
Corporate investment efficiency: The role of financial development in firms with financing constraints and agency issues in OECD non-financial firms (2019, methodology): “According to Richardson (2006) and Guariglia and Yang (2016), any surplus amount of free cash flow, i.”
State Control and Corporate Governance in Transition Economies: 25 Years on from 1989 (2016, unknown): “However, monitoring of controlling shareholders by state banks was often inefficient with banks lending to firms even when firms’ controlling shareholders were tunneling resources from these firms (Qian & Yeung, 2015).”