The aim of this paper is to propose an instrumental analysis of corporate social responsibility (CSR). After … human capital, we argue that CSR can be useful as a means to regulate power relationships between key productive partners of … telecommunications, we show that CSR is voluntarily used by firms to maintain long-term wealth-creative employment and subcontracting …

The initial view of the advantages of ownership concentration in joint stock companies was determined by the concern … shifts the focus of concern: excessive ownership concentration may stifle managerial initiative. This may be particularly … activities. I explore the determinants of ownership concentration and the relationship between ownership structure and firm value …

This paper explores the relationship between ownership structure and firm value in a transition economy. It … ownership concentration are beneficial for firm performance. They also show that in high-tech firms, higher ownership …

) while prior studies have been undertaken in the United States, in a context of ownership dispersion and high investor … on the 2001-2004 period, we find a negative relation between disclosure level and both ownership and control … to reduce disclosure. Our results show also a positive relation between disclosure level and family control which is …

This paper examines the interrelations among five ownership and board characteristics in a sample of 260 bank and … and managers, are insider ownership, blockholder ownership, the proportion of outside directors, board leadership … ownership structures. The results suggest that banks substitute between governance mechanisms that align the interests of …