Uddin, Md Hamid; Halbouni, Sawsan; Raj, Mahendra - In: Emerging Markets Finance and Trade 50 (2014) 1S, pp. 212-236
In the United Arab Emirates, the government holds ownership in 48 percent of all stock exchange-listed firms. However, prior evidence does not make clear whether the government linkage of a company via ownership holding is good or bad for the firm's performance. We propose two hypotheses. The...