Research exploring how extra-legal institutional aspects might impact corporate investment policy in innovation is currently still in its early stages. This lack of research is even greater when it comes to studying the role of media attention in corporate innovation. Thus, this study extends...

This paper examines the ownership structure and defence measures of Spanish listed companies, to determine the identity and equity stakes of their key shareholders and the extent of their takeover protection. Among its most striking findings is the power exercised by family groups, which at end...

Spanish Abstract:Esta Monografía analiza las medidas de blindaje contenidas en los estatutos sociales de las empresas no financieras cotizadas españolas en la década 1996-2005. En España, la concentración de propiedad en manos de unos pocos accionistas es una de las principales...

This work examines the relationship between the family control and informativeness of accounting earnings in listed non-financial Spanish companies between 1997 and 2003. The results reveal a negative relationship between the family nature of the controlling shareholder and the credibility of...

This paper analyses the relationship regarding the divergence between the voting rights and cash flows in the hands of the main shareholder of a pyramidal group with a level of indebtedness. The outcome obtained from a sample of Spanish non financial quoted companies in the 1996-2006 period...