Modern day business is beset with changing operating paradigms. Economies with efficient economic policies and stable political systems are a big draw among the investors. Countries that have opened themselves to world markets and that have good legal systems in place, providing protection to...

Corporation is a unique, complex and amongst the most influential social institutions that has ever existed in human history. Actions taken by corporations impact the societal ecosystem that they operate in. Beginning 1950, with Howard Bowen's call for corporate social responsibility, ethicists...

There are multiple reasons for state to own control of industry. Profit making may or may not be one of them. Researchers have conducted empirical studies on the performance of State-Owned Enterprises (SOEs) vis-à-vis private ones and to a large degree concur that SOEs underperform in...

Corporate governance as it is understood today in the Indian context is the culmination of the liberalization process. Despite the implementation of certain corporate governance norms, Indian industry is found to be defaulting on compliance. While there certainly are flaws in government's...

Traditional corporate governance scholarship excessively focused on the after-effects of separation of ownership from control. While American corporations were characterized by diffusely held ownership structures, most continental and Asian countries were marked by the concentrated ownership...

This paper attempts to review literature on corporate governance on the ownership structure from a firm performance perspective. The dominant paradigm of corporate governance is based on the argument of Berle and Means (1932) that separation of ownership and control affects the reported level of...

The research study empirically investigates the efficacy of ownership groups in enhancing firm performance by analyzing 103 firms in the pharmaceutical industry during the period 1995-2001. It seeks to answer three primary questions: One, are promoters because of their large stakeholdings,...