Purpose The ownership structure in Japanese firms has experienced a significant change recently, fueled primarily by … ownership on the default risk of Japanese firms. Design/methodology/approach We collected data from the Nikkei Corporate … using alternative estimation techniques. Findings Results show a significant positive influence of insider ownership on …

This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 … that the average ownership stakes of the largest and the three largest shareholders are 27% and 41%, respectively. The … average ownership stakes of banks, insurance companies and other financial institutions are relatively low. We observe that …

This paper provides an overview on ownership structure and voting power in France, both in terms of institutional and … that concentration of direct ownership and voting power is very high in France, even for listed and CAC40 firms. The second …-listed firms. The average ownership stakes of banks, insurance companies and other financial institutions are relatively low …

describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …

describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …

-Self-Dealing Index, and legal origins, are all unrelated to ownership concentration in a large and representative sample of firms from 32 … countries. Furthermore, when laws were strengthened in a variety of countries, ownership either stayed the same or became more … concentrated. The two theories behind the proposed negative relation of law and ownership concentration are inconsistent with each …

We examine the incentive effects of private equity (PE) professionals' ownership in the funds they manage. In a simple … model, we show that managers select less risky firms and use more debt financing the higher their ownership. We test these … risk decreases and leverage increases with the manager's ownership in the fund, but largely only when scaled with her …