TY  - JOUR
AB  - Agency theory, stewardship theory, the legalistic perspective and the substitution hypothesis have served as central themes of corporate governance research. Using this theoretical foundation, this study investigates the relationship between the equity ownership structure and performance of managed care firms. Results suggest that CEO stock options as a percentage of outstanding shares is negatively associated with some aspects of firm performance but that blockholder equity ownership appears to have an insignificant impact on firm performance.
VL  - 27
IS  - 6
SN  - 0140-9174
DO  - 10.1108/01409170410784158
UR  - https://doi.org/10.1108/01409170410784158
AU  - Tucker Jessie L.
AU  - Kennedy‐Tucker Patricia E.
PY  - 2004
Y1  - 2004/01/01
TI  - Equity holdings and the financial performance of managed care firms
T2  - Management Research News
PB  - Emerald Group Publishing Limited
SP  - 1
EP  - 10
Y2  - 2024/04/24
ER  -