This study analyzes corporate ownership as a corporate governance mechanism and its role in creating firm value. Previous research shows that there is no convergence on the firm-value corporate ownership relationship. Most research in this area takes a cross national approach ignoring the...

There seems to be divergent views on the relationship between corporate governance andorganizational performance. These views seem to be inconsistent and inconclusive according tosome researchers. Why are the views not convincing? What are the possible causes of theinconsistency? Reviewing...