Showing 1 - 10 of 8,686
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
This study investigates the effect of corporate governance reforms protecting minority shareholders on the firm value …
Persistent link: https://www.econbiz.de/10012404169
We examine the relationship between firm performance and corporate governance in microfinance institutions (MFI) using a self-constructed global dataset on MFIs collected from third-party rating agencies. Using random effects panel data estimations, we study the effects of board and CEO...
Persistent link: https://www.econbiz.de/10013137995
should vary by the level of legal protection afforded small shareholders as well as the type of ownership concentration (we … largest shareholders. Specifically, where minority shareholders are least protected, ownership concentration of a single … blockholder is negatively related to performance; but the ownership portion of a coalition of the five largest shareholders is …
Persistent link: https://www.econbiz.de/10013098946
shareholders (Category A), The equitable treatment of shareholders (Category B), The role of stakeholders in corporate governance … treatment of shareholders and Disclosure and transparency. This study is expected to contribute to or assist the companies …
Persistent link: https://www.econbiz.de/10014371882