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We examine the impact of ownership concentration on firm performance using panel data for firms listed on the Budapest … Stock Exchange, where ownership tends to be highly concentrated and frequently involves multiple blocks. Fixed … concentration may outweigh the benefits when the increased concentration involves "too many cooks." …
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We find that ownership changes much less over time in private firms than in public firms. The average largest … ownership dominates ownership determinants proposed in the literature, and the estimated relationship depends heavily on whether … the economic model and the econometric technique capture the strong ownership persistence. This evidence suggests that …
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most frequently applied measures of concentration kbank concentration ratio (CRk) and Herfindahl-Hirschman Index (HHI) and … measures of concentration also show that Qatar, Bahrain and Oman are highly concentrated markets. The Panzar-Rosse H …
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The South African economy is generally understood to be characterised by high levels of product market concentration … firm-level panel data. I present new evidence on South African markups, industrial concentration, and the firm … conclusions about industrial concentration using cross-industry study, and that high and growing concentration across the South …
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market definition such as “acute in-patient care” averages out severe discrepancies that become visible when concentration is … only impact on the level of concentration, while the correlation remains high. Our results underline the need for more …
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An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in … many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market … scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post …
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