Downloads: 125
Research Paper | Management | Iraq | Volume 5 Issue 1, January 2016
Agency Cost and Management Behavior: The Role of Performance as a Moderator
Moayad Mohammad Ali Fadhl Alfadhl | Tariq Tawfeeq Yousif Alabdullah [2]
Abstract: The purpose of the current study is to examine the relationbetween of management behavior determinants and agency cost. Moreover, the current study investigates the moderating impact of company performance on such relationship. To achieve objective of this study, three determinants of management behavior, namely management ownership, financial leverage, and information asymmetry. The sample of that used in the current study is 27 companies distributed to three sectors services banks, and industry in Iraq. The results revealed there is a significant relationship between management ownership and agency cost, and this relationship is affected by the moderating role of firm performance. The results also confirm there is no relationship between financial leverage, and information asymmetry and agency cost and furthermore there is no impact of company performance on such relationship.
Keywords: Agency cost, management ownership, financial leverage, information asymmetry, company performance, Iraq
Edition: Volume 5 Issue 1, January 2016,
Pages: 1858 - 1864
Similar Articles with Keyword 'financial leverage'
Downloads: 111 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Management, Indonesia, Volume 9 Issue 6, June 2020
Pages: 1109 - 1115The Effect of Free Cash Flow and Financial Leverage on Financial Performance of Toll Road Infrastructure and Building Construction Companies Listed on the Indonesia Stock Exchange for Period 2014-2018
Finna Delphinia Santoso
Downloads: 143
Research Paper, Management, India, Volume 5 Issue 11, November 2016
Pages: 567 - 575O Accruals, Cash and Decomposed Leverage Have Any Information about Future Profitability? Some Evidence from India
Dr. Neetu Singh Yadav