This study investigates whether managerial share ownership serves to enhance or detract from firm performance in listed … companies in Thailand. The convergence-of-interest hypothesis asserts that firm value increases as management ownership rises … hypothesis, which suggests the excessive insider ownership has negative impact on corporate performance. The results of this …

lower prices. This paper reviews the recent literature on international telecommunications markets, and examines regulation … and asymmetric competition. Several market behaviour scenarios are described where regulation has resulted in carriers …