Results 251 to 260 of about 317,585 (307)

The effect of managerial ownership and institutional ownership on firm value

open access: yes
Yuwansyari Bayu Pramudyo   +2 more
openaire   +1 more source

Managerial ownership and performance

Journal of Business Research, 2009
Abstract This study revisits the classical debate about the nature of the relationship between managerial ownership and corporate performance by using a semi-parametric estimation approach. The semi-parametric approach helps sidestep concerns associated with the potential misspecification of parametric models (e.g., the arbitrary choice of a fixed ...
Alexandros Kostakis, Aydin Özkan
exaly   +3 more sources

Managerial ownership and firm valuation

Pacific-Basin Finance Journal, 2003
Abstract We study the relation between managerial ownership and Tobin's q ( Q ) for 123 Japanese firms from 1987 to 1995. Managers in Japanese firms own a smaller stake in their firms relative to their US counterparts. Our initial analyses using an Ordinary Least Squares (OLS) regression model show a negative (positive) relation between Q and ...
Carl R Chen, Vivek Mande
exaly   +2 more sources

The rise in managerial stock ownership

Journal of Applied Corporate Finance, 2000
Despite the widespread view from Berle and Means onward that ownership of U.S. companies has become increasingly separated from managerial control, the authors report that managerial ownership of public corporations is markedly higher today than in 1935.
Clifford G. Holderness   +2 more
openaire   +1 more source

Managerial Distance and Virtual Ownership: The Governance of Industrial Foundations

SSRN Electronic Journal, 2013
Industrial foundations are autonomous nonprofit entities that own and control one or more conventional business firms. These foundations are common in Northern Europe, where they own a number of internationally prominent companies. Previous studies have indicated, surprisingly, that companies controlled by industrial foundations are, on average, as ...
Hansmann, Henry, Thomsen, Steen
openaire   +1 more source

Managerial Ownership and Accounting Conservatism

Journal of Accounting Research, 2007
ABSTRACTIn this paper we examine the effect of managerial ownership on financial reporting conservatism. Separation of ownership and control gives rise to agency problems between managers and shareholders. Financial reporting conservatism is one potential mechanism to address these agency problems. We hypothesize that, as managerial ownership declines,
Ryan LaFond, Sugata Roychowdhury
openaire   +1 more source

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