Excerpt
List of Contents
I List of Appendixes
II Abbreviations
III List of Symbols
1. Introduction
2. Why give managers a stake in the company?
2.1. Separation of ownership & control
2.2. Theoretical perspectives
2.2.1. Agency Theory
2.2.1.1. The conflict
2.2.1.2. Agency solutions.
2.2.3. Stewardship Theory
2.2.4. Takeover Market Theory.
2.2.5. Environmental Contingency Model
3. Empirical Literature Appraisal
3.1. The effect of managerial stock ownership on corporate value
3.2. The turning point - facing the endogeneity problem.
3.3. Recent literature - reconciling the antithesis?
4. Critical analysis of selected studies
4.1. Morck et al. (1988)
4.2. Himmelberg et al. (1999)
4.3. Davies et al. (2005)
5. Conclusions
Appendix
References
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- Dipl.-Kfm. Christian Alexander Wegener (Author), 2006, Management Share Ownership, Munich, GRIN Verlag, https://www.grin.com/document/165736
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