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 …

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 …

measure of ownership concentration explaining the actual influence of shareholders over the managerial decision. Seven …

shareholders is smaller or when savings banks are family firms. Practical implications: Outside directors can not only play the …

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 …