This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in … corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … critical in addressing free-rider problems and why, like owners of private property in general, blockholders are likely to be …

This paper investigates the role of blockholders within a firm. It studies the relationship between the number of … blockholders and the share volatility of US listed firms. Controlling for potential endogeneity problems, it results that the … number of blockholders affects positively share price volatility, but the reverse is not true. Furthermore, the largest …

ownership among Indonesian IPO firms. To capture the most recent development, the sample comprises 101 firms conducting initial … size, board independence, ownership concentration, and institutional ownership. Providing some support for the signaling … ownership, indicating that the two governance mechanisms play important roles in mitigating information asymmetry between the …

's corporate sector. This study investigates the relationship between ownership structure, board characteristics and financial …

We evaluate the effects of management ownership and other corporate governance variables on Hong Kong firms' stock … Hong Kong firms with a more concentrated management (executive board) ownership displayed better capital market performance … during the 13-month period of the Crisis. We also find that firms with more equity ownership by non-executive directors and …

This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in … corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … critical in addressing free-rider problems and why, like owners of private property in general, blockholders are likely to be …

We find that the presence of independent directors who are blockholders (IDBs) in firms promotes better CEO contracting … it easier for blockholders to obtain a board seat, proxy access rules or bylaws can benefit shareholders …

family ownership brings about longer survivorship, better integration in the social fabric of host societies, less … vulnerability to transient shareholders and more resistance to strategic and financial fashions.This precious form of ownership must …