Managerial Ownership, Horizontal Agency Costs and Monitoring Mechanisms
Table 2:
| Monitoring Mechanisms | Managerial Ownership | Second-largest Shareholders | Company Performance | Company’s Complexity | ||
| Monitoring Mechanisms | 1.000 | |||||
| Managerial Ownership | -0.209 | 1.000 | ||||
| Horizontal-agency-costs | 0.123 | 0.009 | 1.000 | |||
| Company Performance | 0.208 | -0.116 | 0.029 | 1.000 | ||
| Company’s Complexity | 0.434 | -0.022 | 0.027 | -0.079 | 1.000 | |