The Moderating Role of Firm’s Size and Age in the Relationship of Managerial Ownership with Liquidity and Investment Constraints
Ownership of management through shares aligns the shareholders’ interests with those of managers. Thus, whenever manager’s ownership increases, the company performance increases, leading to a reduction in agency costs related to investment decisions. Companies do this through better managerial agree...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
University of Isfahan
2022-12-01
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| Series: | Journal of Asset Management and Financing |
| Subjects: | |
| Online Access: | https://amf.ui.ac.ir/article_26605_5598e429c0c1b9b63fcfb25897d5a39f.pdf |