This paper investigates how family ownership, control and management affect firm investment performance. We use the … analysis shows that founder management has no effect on investment performance in family firms, whereas descendant management … has a negative impact on firm performance and having external hired managers significantly improves investment performance …

This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 … that the average ownership stakes of the largest and the three largest shareholders are 27% and 41%, respectively. The … average ownership stakes of banks, insurance companies and other financial institutions are relatively low. We observe that …

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 …

concentration of control is very high. First, 85% of all officially listed AGs have a dominant shareholder (controlling more than 25 …% of the voting rights). Second, few large blockholders control several deciding voting blocks in listed corporations …