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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
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 … unobserved firm heterogeneity. We also find that the equity ownership by foreign and corporate shareholders do not influence firm …
Persistent link: https://www.econbiz.de/10005134786
show that the capital structure of the firm is non-linearly linked to its corporate governance mechanisms (ownership … ownership or with low institutional ownership tend to have lower debt level. We do not find any significant relationship between … ownership of directors and corporate with the firm financing in India. Overall, the findings presented in the paper provide …
Persistent link: https://www.econbiz.de/10005134838
This paper analyses the evolution of ownership and control in German and UK IPOs. In a first stage we try to explain … with UK IPOs to obtain a first sample and matched by industry to obtain a second sample. Ownership and control for both … matched samples evolves in a different way. An empirical model based on recent theories of ownership is specified, which …
Persistent link: https://www.econbiz.de/10005134798
return on their investment. Several Studies have examined the relationship between managerial ownership and firm performance …. Using different samples most of the studies provide general support for the argument that increase in managerial ownership … ownership structure on the firm performance for a large sample of Indian Corporate Firms, from an 'agency perspective'. We …
Persistent link: https://www.econbiz.de/10005134932
of corporate governance in developed market economies. The current state of corporate governance, the degree of ownership …
Persistent link: https://www.econbiz.de/10005412937
find that the probability of going private grew with a rise in the concentration of foreign ownership, an increase in the …
Persistent link: https://www.econbiz.de/10005077039
with the help of firm’s financial structure, investments opportunities, dividend history, earnings trend, and the ownership … negatively associated, whereas past investment opportunities exert a positive impact on dividends. Ownership by the corporate and … directors is positively related with dividends payout in level, and corporate ownership is negatively related in square …
Persistent link: https://www.econbiz.de/10005413214
Corporate venturing as a strategy for international business development has become significant in view of the process of globalization resulting into the free trade and business development opportunities for multinational companies. This study is based on empirical investigation through...
Persistent link: https://www.econbiz.de/10005076887
control for accompanying ownership changes and the fact that spinoffs and ownership are endogenous variables. We find that … depends on the resulting ownership structure – sometime improving performance and sometime bringing about decline that is … changes in ownership when analyzing spinoffs and generally to control for endogeneity, selection and data attrition when …
Persistent link: https://www.econbiz.de/10005077066