This paper investigates the relationship between ownership concentration and market value of European banks, and the role of the institutional environment in shaping this relationship. Using GMM dynamic estimator on a sample of European banks over a 13-year period (1993–2005) we find on...

This paper intends to use a conceptual paradigm to discuss the ambiguity of corporate governance while issuing shares to maintain their capital adequacy for European cooperative banks. It thus provides theoretical evidence for the arbitrage between stakeholder and shareholder control for these...

The purpose of this exercise is to examine recent advances in corporate governance regulatory environment in European countries that are members of the European Union. The importance of such a study stems from the increasing importance of European economies in the global market. With this in...