The relationship between agency cost and managerial equity ownership in small firms / Nurul Fatma Aziz ... [et al.]

• Main Authors: Aziz, Nurul Fatma, Mohd Sallem, Nur Raihana, Mohd Nasir, Noor Emilina, Jasni, Nur Syuhada, Mohd Zam, Zuraidah, Yaacob, Najihah Marha
• Format: Article
• Language: English
• Published: 2013
• Subjects: Capital budget. Capital investments. Fixed capital
• Online Access: https://ir.uitm.edu.my/id/eprint/82812/1/82812.pdf; https://ir.uitm.edu.my/id/eprint/82812/; https://e-ajuitmct.uitm.edu.my/v3/

Despite contradicting views regarding the role of managerial equity ownership (MEO) in reducing agency cost, some evidences from both the United States (US) and United Kingdom (UK) document that this corporate governance mechanism has a significant relationship with the agency cost (Ang, Cole and Li...