The Nonlinear Relation between Agency Costs and Managerial Equity Ownership: Evidence of Decreasing Benefits of Increasing Ownership

Kate Jelinek; Pamela S Stuerke

doi:10.2139/SSRN.930147

The Nonlinear Relation between Agency Costs and Managerial Equity Ownership: Evidence of Decreasing Benefits of Increasing Ownership

University of Missouri-St. Louis

Research output: Contribution to journal › Article › peer-review

Original language	American English
Journal	SSRN Electronic Journal
DOIs	https://doi.org/10.2139/SSRN.930147
State	Published - Sep 15 2006

Keywords

Agency costs
managerial equity ownership

Disciplines

Social and Behavioral Sciences
Economics
Labor Economics

Access to Document

10.2139/SSRN.930147License: Unspecified

Cite this

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title = "The Nonlinear Relation between Agency Costs and Managerial Equity Ownership: Evidence of Decreasing Benefits of Increasing Ownership",

keywords = "Agency costs, managerial equity ownership",

author = "Kate Jelinek and Stuerke, {Pamela S}",

note = "33 Pages Posted: 15 Sep 2006 Date Written: September 13, 2006 This paper provides a link between research that demonstrates a linear relation between financial-statement based agency cost measures and managerial equity ownership and research that documents a nonlinear relation between Tobin's Q and managerial ownership.",

year = "2006",

month = sep,

day = "15",

doi = "10.2139/SSRN.930147",

language = "American English",

journal = "SSRN Electronic Journal",

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T1 - The Nonlinear Relation between Agency Costs and Managerial Equity Ownership: Evidence of Decreasing Benefits of Increasing Ownership

AU - Jelinek, Kate

AU - Stuerke, Pamela S

N1 - 33 Pages Posted: 15 Sep 2006 Date Written: September 13, 2006 This paper provides a link between research that demonstrates a linear relation between financial-statement based agency cost measures and managerial equity ownership and research that documents a nonlinear relation between Tobin's Q and managerial ownership.

PY - 2006/9/15

Y1 - 2006/9/15

KW - Agency costs

KW - managerial equity ownership

UR - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=930147

U2 - 10.2139/SSRN.930147

DO - 10.2139/SSRN.930147

M3 - Article

JO - SSRN Electronic Journal

JF - SSRN Electronic Journal

ER -

The Nonlinear Relation between Agency Costs and Managerial Equity Ownership: Evidence of Decreasing Benefits of Increasing Ownership

Keywords

Disciplines

Access to Document

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