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we discussed agency problems between shareholders and managers and a couple of methods to control / reduce the agency costs.

Essay Questions

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QUESTION – Essay Questions

we discussed agency problems between shareholders and managers and a couple of methods to control / reduce the agency costs. Choose two academic papers from either Journal of Corporate Finance or Journal of Banking and Finance (available electronically through the library’s website) which discussed how corporate governance mechanism / practice helps to reduce the agency problem and therefore, could potentially improve firm performance.

complete the following tasks for Question

1. Scholarly Skills (20 marks):

For each paper, write a brief summary of data, methodology and findings.

(Word limit: Each summary should be a maximum 2 pages).

· Each paper should be published after year 2000.

· Each paper should be from either Journal of Corporate Finance or Journal of Banking and Finance

· In your own words, briefly describe the control mechanism examined in each paper. (Word limit: 150 words for each paper)

Hints:

· It would be easier to choose a paper that focuses on examine one or two corporate governance mechanism. However, this is not a requirement.

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