Agency Problems at Dual-Class Companies

Agency Problems at Dual-Class Companies

Ronald Masulis, Cong Wang, Fei Xie

Series number :

Serial Number: 
209/2008

Date posted :

June 01 2008

Last revised :

SSRN Share

Keywords

  • Dual Class Shares • 
  • dual class stock • 
  • agency costs • 
  • conflicts of interest • 
  • voting rights and cash flow rights divergence • 
  • acquisitions • 
  • announcement effects • 
  • empire building • 
  • executive compensation • 
  • CEO compensation • 
  • value of cash holdings • 
  • capital expenditures

Authors

Real name:
Cong Wang
Professor
Real name:
Fei Xie
Research Member
University of Delaware, Lerner College of Business and Economics