Managerial Ownership and Performance

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Does the presence of independent and female directors impact firm performance? A multi-country study of board diversity (2016, background): “…as a proxy for firm performance (e.g., Agrawal and Knoeber 1996; Amman et al. 2011; Anderson and Reeb 2003; Barnhart and Rosenstein 1988; Carter et al. 2003; Combs et al. 2005; Florackis et al. 2009; Ikäheimo et al. 2004; Lefort and Urzúa 2008; Maury 2006; Kim and Lim 2010, among others).”
Board Composition and Firm Performance: Evidence from Bangladesh (2010, unknown): “Consistent with McConnell and Servaes (1990), Agrawal and Knoeber (1996), Short and Keasey (1999) and Xu and Wang (1999), a control variable debt (DEBT) is also considered to identify the impact on firms’ performance.”
Working capital management, corporate performance, and financial constraints (2014, background): “, informational asymmetries and agency costs) are present, capital market frictions increase the cost of outside capital relative to internally generated funds (Greenwald et al., 1984; Jensen &Meckling, 1976;Myers &Majluf, 1984). Consequently, external capital does not provide a perfect substitute f”