The Effect of Corporate Governance on the Degree of Agency Cost in the Korean Market

This study examines the relationship between corporate governance (CG) and agency costs using Korean market data, particularly for chaebol firms. The final sample includes 660 firm-year observations between 2016 and 2020 for Korean non-financial firms listed on the Korean Composite Stock Price Index...

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Bibliographic Details
Main Authors: Younghwan Lee, Ana Belén Tulcanaza-Prieto
Format: Article
Language:English
Published: MDPI AG 2024-03-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/12/4/59