López-Iturriaga, Félix; L¢pez de Foronda P‚rez, àscar - Programa Interuniversitario de Doctorado en Nuevas … - 2007
We analyze the relation between capital structure, ownership structure, and corporate value for a sample of 1,216 firms from 15 European countries. Our results stress two different conflicts of interest and show the differential role played by the mechanisms of corporate control depending on the...