Title :
An Empirical Study on the Agency Risk of Executives in the Family Holding Public Company
Author :
Xin Jinguo ; Wei Tingting
Author_Institution :
Sch. of Econ., Hangzhou Dianzi Univ., Hangzhou, China
Abstract :
More and more family holding companies become the public companies in recent years. The problem of executives´ agency risk is an important factor which influences their rapid development., This article tries to do the exploratory research of evaluating the agency risk of executives. At first this article makes an in-deep analysis on the indices of executive agency risk in family holding public companies based on executives´ devotion and encroachment. Then model is established with the operation of logistic regression. In the end the article made recommendations about preventing the agency risk of executives.
Keywords :
business continuity; public finance; regression analysis; risk management; executive agency risk; family holding public company; logistic regression; Accuracy; Board of Directors; Companies; Correlation; Economics; Investments; agency risk; executives; family holding;
Conference_Titel :
Computational Sciences and Optimization (CSO), 2011 Fourth International Joint Conference on
Conference_Location :
Yunnan
Print_ISBN :
978-1-4244-9712-6
Electronic_ISBN :
978-0-7695-4335-2
DOI :
10.1109/CSO.2011.74