This study is an attempt to investigate the impact of concentrated ownership on the growth of the manufacturing firms listed at Pakistan Stock Exchange for the data 2006-2016. A number of panel data estimation techniques are employed; all confirm the positive alignment effect of concentrated...

The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the ownership structure of listed firms in India, using 3SLS system approach. The study finds that family firms are dominant with concentrated ownership. Dividend, leverage, and average...

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...

Strategic decisions like mergers and acquisitions have a spatial dimension, since firms seek information and choose among geographically scattered alternatives. In this study, we evaluate the impact of distance on the likelihood of family firms undertaking M&A, in an emerging market context. We...