A Test of the Agency Theory of Managerial Ownership, Corporate Leverage, and CorporateDividends Author(s): Claire E. Crutchley and Robert S. Hansen Source: Financial Management, Vol. 18, No. 4 (Winter, 1989), pp. 36-46 Published by: Wiley on behalf of the Financial Management Association International Stable URL: http://www.jstor.org/stable/3665795 Accessed: 31-03-2015 15:42 UTC
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Crutchley et al. (1989) studied this question.
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