Purpose - This study aims to examine the effect of ownership concentration and foreign ownership on tunneling activities in Indonesia. Design/methodology/approach - The population in this study were manufacturing companies listed on the Indonesian Stock Exchange from 2014 to 2018. The total...

This study uses aggregate data from 133 developing and emerging markets from 2002 to 2020 and investigates how market concentration and capital are related to bank stability. We find that banks operating in more concentrated banking markets tend to be more stable than those operating in a less...

Industry concentration—the share of sales or output accounted for by the largest firms within an industry—has received widespread attention recently, in part because concentration has generally risen in recent decades (figure 1). Measurement challenges are at the core of concentration-based...

Rolling waves of consolidation have significantly decreased the number of hospital systems in the U.S. potentially affecting industry quality, prices, efficiency, wages and more. This research concerns the growth in hospital system consolidation in local labor markets and its effect on...

What are the efficiency and welfare effects of employer and union labor market power? Using data from French manufacturing firms, we leverage mass layoff shocks to competitors to identify a negative effect of employment concentration on wages. In line with the reduced form evidence and the...

In this paper, we present new referential statistics for supply chain exposure to concentration risk of global production networks. The study’s net contribution rests on the development of a metric that indicates exposure risk in terms of the frequency of supply chain engagement with the...

This study explores the influence of customer concentration on analyst following based on Chinese listed companies. Companies with higher customer concentrations have lower degrees of analyst following. The suppression effect of customer concentration on analyst following is more significant in...