We analyze how ownership concentration and type, and board independence are related to corporate social performance (CSP). Drawing from agency, team production and stakeholder perspectives, we argue that the distribution of costs and benefits to shareholders and other stakeholders is crucial to...

This paper empirically examines the relation between corporate risk-taking and the organizational level with which internal auditing is affiliated in Chinese listed firms. Using a sample of 1,806 firm-year data available from 2007 to 2009, we find that Chinese corporate risk-taking is only...

This paper aims to provide empirical evidence on the effects of CEO's share option remuneration and CEO's stock ownership on leasing. Financial contracting theory suggests that ownership structure is important determinant of capital structure, debt financing and leasing. Also, lease financing is...