Institution
Mahidol University International College
About: Mahidol University International College is a based out in . It is known for research contribution in the topics: Tourism & Corporate governance. The organization has 240 authors who have published 485 publications receiving 6095 citations.
Topics: Tourism, Corporate governance, Shareholder, Higher education, Corporate social responsibility
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the influence of CEO dominance on variation in capital structure is investigated and it is shown that strong CEO dominance appears to exacerbate agency costs and is thus detrimental to firm value.
Abstract: We use agency theory to investigate the influence of CEO dominance on variation in capital structure. Due to agency conflicts, managers may not always adopt leverage choices that maximize shareholders’ value. Consistent with the prediction of agency theory, the evidence reveals that, when the CEO plays a more dominant role among top executives, the firm adopts significantly lower leverage, probably to evade the disciplinary mechanisms associated with debt financing. Our results are important as they demonstrate that CEO power matters to critical corporate outcomes such as capital structure decisions. In addition, we find that the impact of changes in capital structure on firm performance is more negative for firms with more powerful CEOs. Overall, the results are in agreement with prior literature, suggesting that strong CEO dominance appears to exacerbate agency costs and is thus detrimental to firm value.
42 citations
TL;DR: In this article, the effect of co-opted directors on R&D investments was explored and it was shown that board co-option leads to significantly higher R&DI investments.
41 citations
TL;DR: In this article, the authors identify the factors that influence an individual's intention to use mobile payment services and propose a method to predict the likelihood of using mobile payment in a single group of adopters.
Abstract: Previous studies of mobile payment (m-payment) services have primarily focused on a single group of adopters. This study identifies the factors that influence an individual’s intention to use m-pay...
41 citations
TL;DR: In this paper, the authors use agency theory to explore how analyst coverage is influenced by the managerial entrenchment associated with the staggered (or classified) board, and they find that firms with staggered boards experience less information asymmetry.
Abstract: We use agency theory to explore how analyst coverage is influenced by the managerial entrenchment associated with the staggered (or classified) board. The empirical evidence suggests that firms with staggered boards attract significantly larger analyst following. We also document that firms with staggered boards experience less information asymmetry. Staggered boards insulate managers from the discipline of the takeover market. Entrenched managers are well-protected by the staggered board and have fewer incentives to conceal information, resulting in less information asymmetry. The more transparent information environment facilitates the analyst’s job. As a consequence, more analysts are attracted to firms with staggered boards. Our results also show that the impact of staggered boards on analyst coverage exceeds, by five to seven times, the average effect of other corporate governance provisions. We also document the beneficial role of analyst coverage in improving firm value. Our results are consistent with the notion that analysts, as information intermediaries, provide oversight over management and thus help alleviate agency conflicts. The positive effect of analyst coverage, however, is severely reduced when the firm has a staggered board in place.
40 citations
TL;DR: Para-Regioselective bromination of phenol and analogues, promoted by p-toluenesulfonic acid, is achieved in high to excellent yields at room temperature with N-bromosuccinimide as discussed by the authors.
40 citations
Authors
Showing all 240 results
| Name | H-index | Papers | Citations |
|---|---|---|---|
| Maleeya Kruatrachue | 34 | 132 | 4731 |
| Kanat Tangwongsan | 22 | 50 | 1548 |
| Yaowalark Sukthana | 20 | 64 | 1405 |
| Norman Au | 20 | 52 | 3069 |
| Somphong Sahaphong | 19 | 49 | 1809 |
| Pandej Chintrakarn | 18 | 68 | 1103 |
| Pakorn Bovonsombat | 15 | 52 | 517 |
| Chulathida Chomchai | 12 | 27 | 528 |
| Ramesh Boonratana | 11 | 36 | 640 |
| Taweetham Limpanuparb | 11 | 44 | 295 |
| Rassmidara Hoonsawat | 11 | 32 | 313 |
| Walanchalee Wattanacharoensil | 10 | 23 | 280 |
| Veera Bhatiasevi | 10 | 16 | 401 |
| Chayanant Hongfa | 9 | 13 | 544 |
| Viriya Taecharungroj | 8 | 22 | 286 |