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022 _a03128962
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHD31 AUS
100 1 _aAzim, Mohammad I
_eauthor
245 1 0 _aCorporate governance mechanisms and their impact on company performance :
_ba structural equation model analysis/
_ccreated by Mohammad I. Azim
264 1 _aLos Angeles :
_bSage,
_c2012.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aAustralian journal of management
_vVolume 37, number 3,
520 3 _aThe purpose of this study is to use structural equation modelling (SEM) to investigate the extent to which different monitoring mechanisms – the board and its committees, shareholders and independent auditors – are complements (i.e. a positive covariance) or substitutes (a negative covariance) for each other. The lack of consistent results in previous corporate governance research may be attributable to attention not being paid to monitoring mechanisms’ substitution or complementary relationships. By using SEM, this study concludes that complementary and substitution relationships among monitoring mechanisms are present. Using data from the pre – and post – global financial crisis period, this study explains where such corporate government impacts occurred, the inconsistencies that are evident in previous studies and provides insights into corporate governance practices.
650 _aCorporate governance
_vImpact assessment
_xStructural equation model
942 _2lcc
_cJA
999 _c168411
_d168411