Borisova, Ginka; Brockman, Paul; Salas, Jesus M.; … - In: Journal of Banking & Finance 36 (2012) 11, pp. 2917-2934
. Direct government ownership in publicly-traded corporations has increased dramatically since 2008. How will this increase in … public ownership affect the governance of these erstwhile private companies? We examine the impact of government ownership on … government participation. Our main finding is that government ownership is associated with lower governance quality. We further …