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Where Berle and Means went wrong: a reassessment of capital market agency and financial reporting

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  • Bricker, Robert
  • Chandar, Nandini

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  • Bricker, Robert & Chandar, Nandini, 2000. "Where Berle and Means went wrong: a reassessment of capital market agency and financial reporting," Accounting, Organizations and Society, Elsevier, vol. 25(6), pages 529-554, August.
    • Handle: RePEc:eee:aosoci:v:25:y:2000:i:6:p:529-554
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    1. Michael E. Porter, 1992. "Capital Choices: Changing The Way America Invests In Industry," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(2), pages 4-16, June.
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    3. Gordon, Lilli A & Pound, John, 1993. "Information, Ownership Structure, and Shareholder Voting: Evidence from Shareholder-Sponsored Corporate Governance Proposals," Journal of Finance, American Finance Association, vol. 48(2), pages 697-718, June.
    4. Carosso, Vincent P., 1973. "The Wall Street Money Trust from Pujo through Medina," Business History Review, Cambridge University Press, vol. 47(4), pages 421-437, January.
    5. Shleifer, Andrei & Vishny, Robert W, 1986. "Large Shareholders and Corporate Control," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 461-488, June.
    6. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    7. Gary John Previts & Robert Bricker, 1994. "Fact and Theory in Accounting History: Presentmindedness and Capital Market Research," Contemporary Accounting Research, John Wiley & Sons, vol. 10(2), pages 625-641, March.
    8. Ramirez, Carlos D, 1995. "Did J. P. Morgan's Men Add Liquidity? Corporate Investment, Cash Flow, and Financial Structure at the Turn of the Twentieth Century," Journal of Finance, American Finance Association, vol. 50(2), pages 661-678, June.
    9. Raymond W. Goldsmith, 1954. "The Share of Financial Intermediaries in National Wealth and National Assets, 1900-1949," NBER Books, National Bureau of Economic Research, Inc, number gold54-1.
    10. Veblen, Thorstein, 1904. "Theory of Business Enterprise," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1904.
    11. Philip G. Berger & Eli Ofek, 1997. "Causes and Effects of Corporate Refocusing Programs," New York University, Leonard N. Stern School Finance Department Working Paper Seires 98-008, New York University, Leonard N. Stern School of Business-.
    12. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-139, May.
    13. Peter Temin, 1991. "Inside the Business Enterprise: Historical Perspectives on the Use of Information," NBER Books, National Bureau of Economic Research, Inc, number temi91-1.
    14. Stigler, George J & Friedland, Claire, 1983. "The Literature of Economics: The Case of Berle and Means," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 237-268, June.
    15. Demsetz, Harold & Lehn, Kenneth, 1985. "The Structure of Corporate Ownership: Causes and Consequences," Journal of Political Economy, University of Chicago Press, vol. 93(6), pages 1155-1177, December.
    16. Antle, R, 1982. "The Auditor As An Economic Agent," Journal of Accounting Research, Wiley Blackwell, vol. 20(2), pages 503-527.
    17. Raymond W. Goldsmith, 1954. "The Share of Financial Intermediaries in National Wealth and Assets," NBER Chapters, in: The Share of Financial Intermediaries in National Wealth and National Assets, 1900-1949, pages 91-105, National Bureau of Economic Research, Inc.
    18. Fama, Eugene F & Jensen, Michael C, 1983. "Separation of Ownership and Control," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 301-325, June.
    19. repec:ucp:bkecon:9780226531083 is not listed on IDEAS
    20. Peter A. Brous & Omesh Kini, 1994. "The Valuation Effects of Equity Issues and the Level of Institutional Ownership: Evidence from Analysts' Earnings Forecasts," Financial Management, Financial Management Association, vol. 23(1), Spring.
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    22. Wahal, Sunil, 1996. "Pension Fund Activism and Firm Performance," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 31(1), pages 1-23, March.
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    1. Déjean, Frédérique, 2004. "Contribution à l'étude de l'investissement socialement responsable : Les stratégies de légitimation des sociétés de gestion," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10473 edited by Colasse, Bernard.
    2. Frédérique Dejean, 2002. "L'Investissement Socialement Responsable : Une Revue De La Litterature," Post-Print halshs-00584461, HAL.
    3. repec:dau:papers:123456789/3275 is not listed on IDEAS
    4. Napier, Christopher J., 2006. "Accounts of change: 30 years of historical accounting research," Accounting, Organizations and Society, Elsevier, vol. 31(4-5), pages 445-507.
    5. repec:dau:papers:123456789/320 is not listed on IDEAS
    6. Gavin C. Reid & Julia A. Smith, 2003. "Venture Capital and Risk in High-Technology Enterprises," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 2(3), pages 227-244, December.
    7. Frédérique Déjean & Jean-Pascal Gond, 2004. "La responsabilité sociétale des entreprises:enjeux stratégiques et méthodologies de recherche," Revue Finance Contrôle Stratégie, revues.org, vol. 7(1), pages 5-31, March.
    8. Rong Liu & Min Zhao & Jianyu Ren, 2022. "The Influence Mechanism of Corporate Environmental Responsibility on Corporate Performance: The Mediation Effect of Green Innovation," Sustainability, MDPI, vol. 14(17), pages 1-27, September.

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