Claessens, Stijn; Tzioumis, Konstantinos - In: Corporate Governance: An International Review 14 (2006) 4, pp. 266-276
In this paper, we use a large firm-level dataset covering 19 European countries in order to compare the ownership and financing structures and performance of listed (LCs) and large non-listed companies (NLCs). For the overall sample, we find that the substantial majority of NLCs have either a...