decades has led to higher levels of common ownership and increased attention on the topic by academic researchers. A consensus … has yet to emerge from the literature regarding the consequences of increased common ownership on firm behavior and market … provides an overview of the theoretical underpinnings of common ownership and critically reviews the empirical literature …

decades has led to higher levels of common ownership and increased attention on the topic by academic researchers. A consensus … has yet to emerge from the literature regarding the consequences of increased common ownership on firm behavior and market … provides an overview of the theoretical underpinnings of common ownership and critically reviews the empirical literature …

and exporting. In turn, the extent of managers’ independence is negatively associated with ownership concentration, but …

utilities are large firms with professional management: there is a separation between ownership and control. The agency costs of …The purpose of this Paper is to study the determinants of the concentration of ownership in a privatized, regulated … corporate ownership, and more specifically the degree of shareholder concentration. Another, related issue, to be addressed is …

This paper focuses on the mechanisms of collective control, such as in Japanese keiretsu, that is characterized by … compensation payments. These mechanisms of control are compared to reputation control, the latter working on original discount … process. The results are obtained with simulations. The efficiency of the collective control depends on the levels of discount …

This short technical report provides an empirical analysis of the level of institutional block ownership overall, and … of foreign block ownership, at a broad set of publicly traded corporations. Disclosed institutional blockholders of every … in three companies in the S&P 500 has one or more block holders with 20 % ownership, and one in eleven (9%) has one or …

This research attempts to analyze the relationship between agency, control and corporate gover- nance attributes for a …- tional ownership. c) Corporate governance factors reduce discretionary expenditure ratio, increase assets utilization ratio … and free cash flow ratio. d) Control variables increases the asset utilization ratio and decreases the free cash flow and …