Jameson, Melvin; Prevost, Andrew; Puthenpurackal, John - In: Journal of Corporate Finance 27 (2014) C, pp. 1-20
We examine the prevalence and performance impact of controlling shareholders and study corporate board structures and ownership structures in 1796 Indian firms. Families (founders) are present on the boards in 63.2 (65.5) percent of the sample firms. On average, founders own over 50% of...