control from ownership and firm performance. Results also underline that tunneling is used to promote controlling shareholders …This paper investigates the influence of a firm’s distance from control on its performance, using a unique firm level … data set on small business ownership, as well as balance sheet information. This study fills a gap in the empirical …

This paper investigates the influence of firm control structure on firm individual economic performance using a unique … firm level data set of ownership and balance sheet information. This study fills a gap in the empirical governance … what is usually observed for large business groups’ results show a positive relationship between the separation of control …

the subsequent 100 years, and comparing the pattern of ownership and control with a sample incorporated around 1960. We … corporations. We investigate this question by tracing the ownership and board composition of firms incorporated in around 1900 over … outside equity finance, and there was rapid dispersion of ownership even in the absence of investor protection. The …

In this study we analyze the evolution of ownership, control, and performance in German founding-family-owned firms … analyze a variety of variables including ownership, control, industries, bank relationships and performance, as well as the … impact of intergenerational control transfers. We find that families are slow to give up ownership , and control of family …

structures can be used for control purposes. The static relation of ownership to control in Germany is therefore similar to the …In a study of the ownership of German corporations, we find a strong relation between board turnover and corporate … performance, little association of concentrations of ownership with managerial disciplining and only limited evidence that pyramid …

The paper analyses the ownership structure of a large sample of Spanish listed companies. The results are analysed in … terms of governance implications under the agency theory context. The results show a picture with concentrated ownership … where stock markets are relatively low important. Direct ownership and voting blocks, which account for indirect ownership …

ownership evolution in recent IPOs. We report the control evolution of a sample of size- and industry-matched German and UK … control from the existing controlling shareholder. In order to predict the state of ownership and control six years after …The paper investigates why the corporate landscapes of Germany and UK are so different in terms of control by analyzing …

This paper investigates how, government ownership can better enhance entrepreneurs' incentives to invest than private … ownership. Bureaucracy creates opportunities for governments to extort entrepreneurs, as entrepreneurs make transfer payments to … through offering a government ownership rights. This paper compares two kinds of ownership: private ownership where the …

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 …