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 …

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 …

determining ownership structures and corporate governance mechanisms. We take the Upper-Echelons Theory as our central premise … system and how its conception of ownership affects its governance model. In particular, in the case of Auchan, it appears … that the evolution of the ownership structure is not dictated by the need to protect shareholder rights, but rather it …