Donelson, Dain C.; Garfinkel, Jon A.; Roudini, Sepehr - 2023
operating performance. We also (logically) find that greater firm exposure to the agency strengthens the relationship. There is … agency variables, by showing heterogeneity across them in the influence on firm performance. Our results are largely …, we also find that firm-specific violations imposed (from Violation Tracker) are associated with weaker firm performance …