Yim, Sang-Giun - In: Global business and finance review 26 (2021) 4, pp. 49-64
, increase corporate risk-taking by monitor and discipline the controlling shareholder’s self-serving decisions. However, as … individual blockholders have limited resources to monitor a controlling shareholder, whether individual blockholders increase … resources to discipline a controlling shareholder. The results of this study highlight that institutional support is necessary …