Logically, in a corporate governance system where big companies are widely held and control over corporate policymaking … is delegated to a cohort of full?time executives, there needs to be “good” managers. In Britain, however, ownership … separated from control in large business enterprises at a time when the country’s corporate executives were allegedly amateurish …

orientation and the focus is on the emergence of a separation of ownership and control, characterised by widely dispersed share … separation of ownership and control becomes a central feature of a country's corporate governance system. Instead, alternative …The corporate world today subdivides into rival systems of dispersed and concentrated ownership, with different …

This paper investigates the relatively unexplored relationship between dividends and ownership structure in an emerging … market setting. Using a unique panel dataset of foreign ownership and firm attributes of listed Korean firms, we first … characterize foreign ownership after the full capital market liberalization in 1998. Foreign investors in Korea tend to overweight …

This paper empirically examines the relationship between firm ownership structure and corporate charitable donations … expenditures. In addition, the study explores the effects of ownership structure on corporate philanthropy. We find a positive … relationship between charitable donations and foreign ownership. However, we do not find a significant effect of corporate …

The notion of 'ownership of the firm' is central to conventional treatments of corporate governance, yet there is very … the notion of ownership in various disciplinary fields, and then recount and discuss some of the meanings associated with … ownership of the firm that we have found in two empirical studies carried out in the UK and Japan. Our aim is to illuminate and …