Showing 1 - 10 of 48
We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …
Persistent link: https://www.econbiz.de/10005135012
performance in East Asia, the relationship between capital structure and ownership remains much unexplored. This is important …, given recent empirical and theoretical work linking capital structure and performance. The novelty of the present paper is … that in examining the effects of ownership concentration on capital structure and firm performance, it not only allows for …
Persistent link: https://www.econbiz.de/10005076974
performance in East Asian corporattions remains much unexplored. Within the framework of Bajaj et al. (1998), the present paper … structure and firm performance among a sample of Korean and Indonesian firms. In doing so, we not only allow for simultaneity … between capital structure and firm performance (a la Berger and di Patti, 2003), but also the non-linearity in these …
Persistent link: https://www.econbiz.de/10005076997
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from … possible implications for company performance. Econometric analysis shows that companies with state ownership generally perform … the performance of companies with different types of state shareholdings. Companies with residual blocks held by the …
Persistent link: https://www.econbiz.de/10005126260
institutional investors and managers affect firm performance non- linearly, after controlling for observed firm characteristics and …This paper examines the effect of ownership structure on the firm performance for an unbalanced panel of 2478 Indian … managerial ownership on firm performance. Using panel data framework, we show that a large fraction of cross- sectional variation …
Persistent link: https://www.econbiz.de/10005134786
effectiveness of transition and from performance. The model depicts multiple interactive relationships, with emphasis placed not …
Persistent link: https://www.econbiz.de/10005412922
The paper examines the dependence of firm restructuring on private outside ownership concentration in Czech manufacturing sector after privatization. It starts with the argumentation that the most important actors in the post-privatization ownership structure in the Czech Republic were...
Persistent link: https://www.econbiz.de/10005077013
In this article, we provide an interpretation for the voluntary independence requirements contained in the Italian Corporate Governance Code (Preda Code) checking them against a proxy for international best practice, the independence criteria provided in the EC Recommendation on non-executive...
Persistent link: https://www.econbiz.de/10005077023
return on their investment. Several Studies have examined the relationship between ownership structure and firm performance … ownership increases firm performance. However, these results have been questioned recently. This study examines empirically the … effects of ownership structure on the firm performance for a large sample of Indian Corporate Firms, from an `agency …
Persistent link: https://www.econbiz.de/10005077035
This article looks at the past development and potential of the Rhenish capitalist model. We discuss the origins and nature of the model and the model in crisis. Because, we contend, Rhineland capitalism’s future will be decided in East-Central Europe, we focus – using a survey questionnaire...
Persistent link: https://www.econbiz.de/10005125829