firm ownership structure. Blockholder activism and contestability becomes an internal mechanism that improves director …

compensate by setting up ownership networks that facilitate the exchange of resources and alignment of interests. We examine how … firms' controlling owners draw power from ownership networks to provide access to resources for or to expropriate resources …

The benefits of family ownership and control of firms are at the center of the family firm debate. Previous studies … have used either family ownership or management as proxies for control. Both indicators are off the mark, as they do not … of family ownership, control and management on financial firm performance, while controlling for goal heterogeneity of …

earnings management, excessive CEO compensation, and lower institutional ownership. These effects are less pronounced for …

and exporting. In turn, the extent of managers' independence is negatively associated with ownership concentration, but …

on publicly traded firms, this paper, however, studies the effect of ownership type and control on firm performance and …The current literature on firm ownership around the world shows that concentrated ownership with only one or a few … controlling owners is common, especially in many European and Asian countries. The dispersed ownership has proven to be uncommon …