This paper investigates the ownership and control of Thai public firms in the period after the East Asian financial crisis, compared to those in the pre-crisis period. Using the comprehensive unique database of ownership and board structures, we find that the ownership and control appear to be...

This paper uses a unique and comprehensive dataset of Thai listed firms during 1995-2000 to examine whether concentrated ownership is associated with the effective or inadequate corporate governance. Rather than testing the relation between ownership structure and firm value in which the results...