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  1. Agency theory, insider ownership and corporate focus: some South African evidence

    Agency theory, insider ownership and corporate focus: some South African evidence

    Item type: Journal Article • Journal: South African Journal of Accounting Research • Authors: S Davidson --- Department of Economics and Finance, Australia
    It is widely believed that unbundling will immediately add value to shareholders. This paper investigates the basis for this belief. It is contended that the benefits of unbundling are not based on the US experience of corporate refocussing. In the...