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This study examined the effect of ownership structure on intellectual capital efficiency of listed firms on Borsa Istanbul. Data covering the 2005-2015 period is gathered from the FINNET database and companies' financial statements to compute VAIC, and from the ISO500 website to obtain the...
Persistent link: https://www.econbiz.de/10012897212
This study examines how ownership structure affects the intellectual capital efficiency. It is conducted in an emerging market and uses data on Polish companies listed on the Warsaw Stock Exchange. We find that ownership by management board members negatively affects intellectual capital...
Persistent link: https://www.econbiz.de/10012973648
This paper reports on the ownership and control structures of publicly listed firms in Turkey using data from 2001 … more than 80 percent of all publicly listed firms in Turkey. Pyramids and dual class shares are common devices that …
Persistent link: https://www.econbiz.de/10011528161
This paper examines direct and indirect contributions of foreign firms and small and medium-sized enterprises (SMEs) to aggregate productivity growth. We focus our attention on foreign firms and small firms for three reasons. First, industrial policy in almost all countries is oriented towards...
Persistent link: https://www.econbiz.de/10008669938
Drawing upon key arguments of prevailing theoretical perspectives in international business, this study aims to explain the ownership and market entry strategies of emerging country multinational enterprises (MNE) in a transition country. To this end, the Turkish MNEs' ownership (joint venture...
Persistent link: https://www.econbiz.de/10011298581
democratization of capital in Turkish corporations. The initial public offerings and privatizations in Turkey tend to increase before …
Persistent link: https://www.econbiz.de/10013001476
This study aims to investigate ownership in Turkish public firms from a different perspective than in previous studies. It investigates various patterns in the interaction of ownership measures and other corporate governance mechanisms. I find that compared to controlled firms, firms that are...
Persistent link: https://www.econbiz.de/10013052053
owner classes, and on changes in large shareholdings. Ownership is highly concentrated in Turkey, families being the …
Persistent link: https://www.econbiz.de/10013036898
Each year assets of the banking sector in Poland increase and thereby its significance in the real economy increases as well. At the same time, the ongoing consolidation process and changes in the ownership structure cause the Polish banking sector to play a substantial role not only on the...
Persistent link: https://www.econbiz.de/10011617054
This short technical report provides an empirical analysis of the level of institutional block ownership overall, and of foreign block ownership, at a broad set of publicly traded corporations. Disclosed institutional blockholders of every company in the Standard & Poor's 500 index are analyzed,...
Persistent link: https://www.econbiz.de/10011581995