{"id":"https://openalex.org/W2293671329","doi":"https://doi.org/10.1108/maj-12-2014-1139","title":"Corporate governance mechanisms and cost of debt","display_name":"Corporate governance mechanisms and cost of debt","publication_year":2016,"publication_date":"2016-03-07","ids":{"openalex":"https://openalex.org/W2293671329","doi":"https://doi.org/10.1108/maj-12-2014-1139","mag":"2293671329"},"language":"en","primary_location":{"id":"doi:10.1108/maj-12-2014-1139","doi":"https://doi.org/10.1108/maj-12-2014-1139","is_oa":false,"landing_page_url":"https://doi.org/10.1108/maj-12-2014-1139","pdf_url":null,"source":{"id":"https://openalex.org/S136661304","display_name":"Managerial Auditing Journal","issn_l":"0268-6902","issn":["0268-6902","1758-7735"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Auditing Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5022724935","display_name":"Hafiza Aishah Hashim","orcid":"https://orcid.org/0000-0002-5630-7912","observed_orcids":["https://orcid.org/0000-0002-5630-7912"]},"institutions":[{"id":"https://openalex.org/I157696592","display_name":"Universiti Malaysia Terengganu","ror":"https://ror.org/02474f074","country_code":"MY","type":"education","lineage":["https://openalex.org/I157696592"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Hafiza Aishah Hashim","raw_affiliation_strings":["School of Maritime Business and Management, University Malaysia Terengganu, Kuala Terengganu, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Maritime Business and Management, University Malaysia Terengganu, Kuala Terengganu, Malaysia","institution_ids":["https://openalex.org/I157696592"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5021377216","display_name":"Muneer Rajab Amrah","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I157696592","display_name":"Universiti Malaysia Terengganu","ror":"https://ror.org/02474f074","country_code":"MY","type":"education","lineage":["https://openalex.org/I157696592"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Muneer Amrah","raw_affiliation_strings":["School of Maritime Business and Management, University Malaysia Terengganu, Kuala Terengganu, Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Maritime Business and Management, University Malaysia Terengganu, Kuala Terengganu, Malaysia","institution_ids":["https://openalex.org/I157696592"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I157696592"],"apc_list":null,"apc_paid":null,"fwci":17.0157,"has_fulltext":false,"cited_by_count":66,"citation_normalized_percentile":{"value":0.98749539,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":99},"biblio":{"volume":"31","issue":"3","first_page":"314","last_page":"336"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9574999809265137,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9574999809265137,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11843","display_name":"Family Business Performance and Succession","score":0.017899999395012856,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.011699999682605267,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.9110000133514404},{"id":"https://openalex.org/keywords/cost-of-debt","display_name":"cost of debt","score":0.9900000095367432},{"id":"https://openalex.org/keywords/board-effectiveness","display_name":"board effectiveness","score":0.925000011920929},{"id":"https://openalex.org/keywords/audit-committee-effectiveness","display_name":"audit committee effectiveness","score":0.9950000047683716},{"id":"https://openalex.org/keywords/family-business","display_name":"family business","score":0.8479999899864197},{"id":"https://openalex.org/keywords/family-ownership","display_name":"family ownership","score":0.8859999775886536},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.9359999895095825},{"id":"https://openalex.org/keywords/debt-financing","display_name":"debt financing","score":0.6389999985694885},{"id":"https://openalex.org/keywords/oman","display_name":"Oman","score":0.5889999866485596}],"concepts":[{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.6686092019081116},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6653419733047485},{"id":"https://openalex.org/C137725906","wikidata":"https://www.wikidata.org/wiki/Q758913","display_name":"Audit committee","level":3,"score":0.6334556341171265},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.6113250851631165},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5161800980567932},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5001606941223145},{"id":"https://openalex.org/C36673458","wikidata":"https://www.wikidata.org/wiki/Q392896","display_name":"Agency cost","level":4,"score":0.49636632204055786},{"id":"https://openalex.org/C58980837","wikidata":"https://www.wikidata.org/wiki/Q1372876","display_name":"Hausman test","level":4,"score":0.49586066603660583},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.4928402900695801},{"id":"https://openalex.org/C44970651","wikidata":"https://www.wikidata.org/wiki/Q17014030","display_name":"Fixed effects model","level":3,"score":0.488300085067749},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4874839782714844},{"id":"https://openalex.org/C200707436","wikidata":"https://www.wikidata.org/wiki/Q1053211","display_name":"Principal\u2013agent problem","level":3,"score":0.4466467499732971},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3808363080024719},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33664470911026},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22512036561965942},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.19881856441497803},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.16414690017700195},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1108/maj-12-2014-1139","doi":"https://doi.org/10.1108/maj-12-2014-1139","is_oa":false,"landing_page_url":"https://doi.org/10.1108/maj-12-2014-1139","pdf_url":null,"source":{"id":"https://openalex.org/S136661304","display_name":"Managerial Auditing Journal","issn_l":"0268-6902","issn":["0268-6902","1758-7735"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Auditing Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.4399999976158142}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":94,"referenced_works":["https://openalex.org/W15631543","https://openalex.org/W72383108","https://openalex.org/W80430322","https://openalex.org/W153123102","https://openalex.org/W1496020752","https://openalex.org/W1550980052","https://openalex.org/W1564387447","https://openalex.org/W1579112106","https://openalex.org/W1587116064","https://openalex.org/W1812284335","https://openalex.org/W1910832905","https://openalex.org/W1927277374","https://openalex.org/W1944115411","https://openalex.org/W1965143291","https://openalex.org/W1969859674","https://openalex.org/W1980077269","https://openalex.org/W1981189872","https://openalex.org/W1981577288","https://openalex.org/W1987708961","https://openalex.org/W1996463285","https://openalex.org/W1996666670","https://openalex.org/W2000578291","https://openalex.org/W2001672374","https://openalex.org/W2001761234","https://openalex.org/W2012358261","https://openalex.org/W2018815860","https://openalex.org/W2022490966","https://openalex.org/W2023596780","https://openalex.org/W2024528653","https://openalex.org/W2025626591","https://openalex.org/W2030750422","https://openalex.org/W2031655439","https://openalex.org/W2033907926","https://openalex.org/W2044795179","https://openalex.org/W2050588303","https://openalex.org/W2051164830","https://openalex.org/W2055714125","https://openalex.org/W2056764209","https://openalex.org/W2060830173","https://openalex.org/W2067402622","https://openalex.org/W2068155429","https://openalex.org/W2070370892","https://openalex.org/W2074826840","https://openalex.org/W2076982381","https://openalex.org/W2077300573","https://openalex.org/W2079030476","https://openalex.org/W2079280732","https://openalex.org/W2082090306","https://openalex.org/W2082215427","https://openalex.org/W2099892658","https://openalex.org/W2102896483","https://openalex.org/W2108045837","https://openalex.org/W2108421949","https://openalex.org/W2110041188","https://openalex.org/W2111558694","https://openalex.org/W2116052173","https://openalex.org/W2116439256","https://openalex.org/W2124156558","https://openalex.org/W2124553535","https://openalex.org/W2142860828","https://openalex.org/W2145673811","https://openalex.org/W2146237944","https://openalex.org/W2146709791","https://openalex.org/W2151289066","https://openalex.org/W2154297581","https://openalex.org/W2159656524","https://openalex.org/W2217371073","https://openalex.org/W2331500008","https://openalex.org/W2752617332","https://openalex.org/W2891717843","https://openalex.org/W2898751466","https://openalex.org/W3121156620","https://openalex.org/W3121297842","https://openalex.org/W3121947872","https://openalex.org/W3122859634","https://openalex.org/W3122875243","https://openalex.org/W3123091495","https://openalex.org/W3123180589","https://openalex.org/W3123394183","https://openalex.org/W3123562738","https://openalex.org/W3123580916","https://openalex.org/W3123766500","https://openalex.org/W3124082399","https://openalex.org/W3124112088","https://openalex.org/W3124114405","https://openalex.org/W3124257397","https://openalex.org/W3124337059","https://openalex.org/W3124475368","https://openalex.org/W3124636871","https://openalex.org/W3125059406","https://openalex.org/W3125748343","https://openalex.org/W3126107308","https://openalex.org/W4234573024","https://openalex.org/W6989672903"],"related_works":["https://openalex.org/W7110882259","https://openalex.org/W2214723923","https://openalex.org/W4394799371","https://openalex.org/W2974456476","https://openalex.org/W3013659471","https://openalex.org/W3177847652","https://openalex.org/W7163531037","https://openalex.org/W2140631649","https://openalex.org/W3084144154","https://openalex.org/W37355735"],"abstract_inverted_index":{"Purpose":[0],"\u2013":[1,43,120,192],"The":[2,89],"purpose":[3],"of":[4,21,29,40,92,130,135,174,200,235,238,258,261],"this":[5,93,160],"study":[6,45,94,122,161,194],"is":[7,12,95,115,137,151,185,206],"to":[8,104,214,232],"determine":[9],"whether":[10],"there":[11],"any":[13],"difference":[14],"in":[15,37,197],"the":[16,19,27,32,38,56,65,73,79,98,105,125,142,172,178,198,215,233,236,256,259],"association":[17,126],"among":[18],"board":[20,129,237],"directors,":[22],"audit":[23,164,241],"committee":[24,165],"effectiveness":[25,132,166],"and":[26,34,77,107,111,133,139,145,153,181,227,240],"cost":[28,134,173,260],"debt":[30,136,175],"between":[31,127,225],"family-":[33],"non-family-owned":[35],"companies":[36,70],"Sultanate":[39,199],"Oman.":[41],"Design/methodology/approach":[42],"This":[44,121,148,193,248],"uses":[46],"a":[47,128,168,210,223,245],"panel":[48],"data":[49,219],"set":[50],"that":[51,124,163],"has":[52,62,167],"multiple":[53],"observations":[54],"on":[55,72,97,171,177,209,255],"same":[57],"economic":[58],"units.":[59],"Each":[60],"element":[61],"two":[63],"subscripts:":[64],"group":[66,80],"identifier,":[67],"i":[68],"(68":[69],"listed":[71],"Muscat":[74],"Securities":[75],"Market),":[76],"within":[78],"index":[81],"denoted":[82],"by":[83],"t,":[84],"which":[85],"identifies":[86],"time":[87],"(2005-2011).":[88],"regression":[90],"model":[91],"based":[96,176],"random":[99],"effects":[100],"model,":[101],"which,":[102],"according":[103,213],"Hausman":[106],"Breusch-Pagan":[108],"(LM)":[109],"(Breusch":[110],"Pagan,":[112],"1980)":[113],"tests,":[114],"an":[116],"appropriate":[117],"model.":[118],"Findings":[119],"finds":[123],"directors\u2019":[131,239],"negative":[138],"significant":[140,155,169,187],"for":[141,156,188],"full":[143,179],"sample":[144,180],"non-family":[146,189,228],"firms.":[147,158,190],"relationship,":[149],"however,":[150],"weak":[152],"not":[154,186],"family":[157,182,203,226],"Additionally,":[159],"indicates":[162],"effect":[170,234,254],"firms,":[183],"but":[184],"Originality/value":[191],"examines":[195],"firms":[196,229],"Oman,":[201],"where":[202],"ownership":[204],"control":[205],"common.":[207],"Based":[208],"framework":[211],"conceptualized":[212],"agency":[216],"theory,":[217],"using":[218],"from":[220],"Oman":[221],"enables":[222],"comparison":[224],"with":[230],"respect":[231],"committee\u2019s":[242],"characteristics":[243],"as":[244],"composite":[246,249],"measure.":[247],"measure":[250],"captures":[251],"their":[252],"combined":[253],"propensity":[257],"debt.":[262]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":9},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":9},{"year":2019,"cited_by_count":9},{"year":2018,"cited_by_count":5}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}