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Investigating the impact of three types of state ownership on firms' dividend pay-out decisions for the first time …, this study focuses on the differences in dividend pay-out behavior among various state ultimate owners. It has been found … more likely to pay a dividend than the firms controlled by private ultimate owners. Central enterprises are no more likely …
Persistent link: https://www.econbiz.de/10013028187
understand the importance of ownership structure and how it affects firms’ dividend payout policy that serves shareholders …We examine the association between ownership structure and dividend payout policy in a family firms dominated economy …. More specifically, we test whether family firms pay higher dividend compared to counter non-family firms in Bangladesh. We …
Persistent link: https://www.econbiz.de/10013289115
In family firms, the succession of controlling equity stake to next generation is an issue of paramount importance. This, however, can be a major challenge in the presence of heavy inheritance or gift tax burden (high tax rate and absence of tax-saving vehicles, such as trusts or foundations)...
Persistent link: https://www.econbiz.de/10010355189
In 2005, China carried on a major reform that allows the previously untradeable shares controlled by large shareholders … to become tradable in the secondary market. This reform and subsequent dramatic change of behavior of large shareholders … offer researchers a unique experiment to study the behavior of controlling shareholders and its implication for corporate …
Persistent link: https://www.econbiz.de/10013114049
The paper aims to empirically assess the threshold effect in the large shareholders (LS) and bank performance … large shareholders-bank performance relationship. Additionally, results show that this effect differs across regions. More … specifically, we found that, below the threshold, large shareholders significantly decrease bank performance for the whole sample …
Persistent link: https://www.econbiz.de/10014584308
measure of ownership concentration explaining the actual influence of shareholders over the managerial decision. Seven …
Persistent link: https://www.econbiz.de/10012863673
shareholders is smaller or when savings banks are family firms. Practical implications: Outside directors can not only play the …
Persistent link: https://www.econbiz.de/10014234822
and, specifically, on the insurance companies as hospital dominant shareholders with respect to other types of … shareholders. Arguments from the ownership and strategic management literatures are used from a theoretical point of view …. Specifically, this paper analyses empirically the effects of insurance companies as controlling shareholders on the financial …
Persistent link: https://www.econbiz.de/10014111217
Persistent link: https://www.econbiz.de/10014265603
Persistent link: https://www.econbiz.de/10012597073