Search Results - subject:"shareholder coalitions"

Do Shareholder Coalitions Modify Dominant Owner's Control? The Impact On Dividend Policy

Lopez-Iturriaga, Felix J.; Santana-Martin, Domingo Javier - National Research University Higher School of Economics - 2015

We examine the effect of shareholder coalitions on the corporate payout policy in Spain, a context characterized by the … presence of dominant shareholders. Our results show that shareholder coalitions affect payout policy negatively (both for … dividends and shares repurchases). This finding suggests that shareholder coalitions serve as an instrument for the dominant …

Persistent link: https://www.econbiz.de/10011168927

Do shareholder coalitions modify the dominant owner's control? : the impact on dividend policy

López Iturriaga, Felix J.; Santana Martín, Domingo Javier - In: Corporate governance : an international review 23 (2015) 6, pp. 519-533

Persistent link: https://www.econbiz.de/10011528935

Informal institutions, shareholder coalitions, and principal-principal conflicts

Sauerwald, Steve; Peng, Mike W. - In: Asia Pacific journal of management : APJM ; a … 30 (2013) 3, pp. 853-870

Persistent link: https://www.econbiz.de/10009793561

Informal institutions, shareholder coalitions, and principal–principal conflicts

Sauerwald, Steve; Peng, Mike - In: Asia Pacific Journal of Management 30 (2013) 3, pp. 853-870

formal approach. First, we utilize social identity theory to shed light on the formation of shareholder coalitions. Second …

Persistent link: https://www.econbiz.de/10010862897

From social to private ownership : multiple blockholders in Slovenian Unlisted firms

Gregorič, Aleksandra; Masten, Arjana Brezigar; Zajc, … - In: Emerging markets finance & trade : a journal of the … 47 (2011) 5, pp. 27-51

Persistent link: https://www.econbiz.de/10009503072

From Social to Private Ownership: Multiple Blockholders in Slovenian Unlisted Firms

Gregoric, Aleksandra; Masten, Arjana Brezigar; Zajc, … - In: Emerging Markets Finance and Trade 47 (2011) 5, pp. 27-51

This paper studies the ownership structures of unlisted privatized firms in Slovenia. On the basis of official ownership records for all nonfinancial firms over a six-year period (1999-2004), we explore the factors responsible for the concentration of ownership and for the dissolution of the...

Persistent link: https://www.econbiz.de/10010612764

Corporate governance structures, control and performance in European markets: a tale of two systems

CRAMA, Yves; LERUTH, Luc; RENNEBOOG, Luc; URBAIN, … - Center for Operations Research and Econometrics (CORE), … - 1999

Traditionally share price returns and their variance have been explained by factors linked to the operations of the company such as systematic risk, corporate size and P/E ratios or by factors related to the influence of the macroeconomic environment. In these models, the institutional...

Persistent link: https://www.econbiz.de/10005008649

Corporate Governance Structures, Control and Performance in European Markets : A Tale of Two Systems

Renneboog, Luc; Crama, Y.; Leruth, L.; Urbain, J-P. - Tilburg University, Center for Economic Research - 1999

Traditionally share price returns and their variance have been explained by factors linked to the operations of the company such as systematic risk, corporate size and P/E ratios or by factors related to the influence of the macro-economic environment. In these models, the institutional...

Persistent link: https://www.econbiz.de/10011092775