The Impact of the Agency Environment on Management’s Long-Term Focus

The Impact of the Agency Environment on Management’s Long-Term Focus

The 1991 Credit Lyonnais court ruling expanded the fiduciary duties of managers towards debtholders in near-insolvent Delaware firms. Differences-in-differences tests reveal that innovation efficiency increased among all Delaware firms following the ruling. Further, Delaware firms close to (far from...

Full description

Saved in:
Bibliographic Details
Main Authors: HUANG, Sterling Zhenrui, NG, Jeffrey Tee Yong, ROYCHOWDHURY, Sugata, SLETTEN, Ewa
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2015
Subjects:
Agency Environment
Credit Lyonnais
Fiduciary Duties
Investment
Earning Goals
Shareholder Clientele
Accounting
Corporate Finance
Online Access:https://ink.library.smu.edu.sg/soa_research/1421
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=2420&context=soa_research
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/1421
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=2420&context=soa_research

Similar Items