This article analyses the effect of institutional ownership in alleviating or exacerbating the conflicts of interests among stakeholders in different legal and institutional frameworks. This analysis is carried out based on two characteristics: the concentration of power of institutional...

The present study describes a collaborative effort between an ad hoc community group and a university-based research team. The community group formed to ameliorate a health and aesthetic problem—namely, the excessive accumulation of dog feces deposited on sidewalks and lawns. The...

La presente nota discute elementos para una estrategia de inserción comercial de Bolivia. El grado de inserción externa de Bolivia, tanto a nivel regional como mundial, producto de los distintos acuerdos comerciales que ha suscrito, no ha logrado tasas de crecimiento importantes, cambios en su...

We analyse the relation between capital structure, ownership structure, and corporate value for a sample of 1,216 firms from 15 European countries. Our results stress two different conflicts of interest and show the differential role played by the mechanisms of corporate control depending on the...

This paper analyzes the influence of large shareholders on earnings management in family-owned firms using a sample of firms from 11 European countries. We consider how the contest to the control of the largest shareholder and the existence of a controlling coalition in family-owned firms affect...