Diversification and Ownership Concentration [PDF]
In a mean-variance economy where controlling shareholders can divert profits, equity ownership is more concentrated the higher the stock returns correlation.
Bruno Maria Parigi, Loriana Pelizzon
core +10 more sources
Pluralism and concentration of media ownership: Measurement issues [PDF]
AbstractThere have been developed various methodologies of measuring media concentration. The appropriate measure depends on the objective of the measurement which might be on the one hand the examination of economic power, or on the other an assessment of whether market structure might restrict diversity in the media industry.
Iosifidis, P.
core +5 more sources
Ownership concentration in Russian industry [PDF]
Using a unique dataset built for the World Bank’s Country Economic Memorandum, we find that a relatively small number of tycoons ('oligarchs') control a substantial share of Russia’s economy.
Andrei Rachinsky, Sergei Guriev
core +1 more source
Ownership Concentration and Audit Actions
This study presents current evidence on the impact of different corporate ownership types on audit quality in Oman and potentially in other developing countries with similar institutional environments, such as GCC countries. While previous research has primarily focused on overall ownership concentration, this study aims to examine the role of specific
Hidaya Al Lawati, Zakeya Sanad
openaire +3 more sources
Ownership concentration, foreign ownership and tunneling in Indonesia [PDF]
PurposeThis study aims to examine the effect of ownership concentration and foreign ownership on tunneling activities in Indonesia.Design/methodology/approachThe population in this study were manufacturing companies listed on the Indonesian Stock Exchange from 2014 to 2018. The total observations used in this study were 557 observations.
Trisninik Ratih Wulandari +1 more
openaire +2 more sources
Ownership concentration, ownership identity, and bank performance [PDF]
This paper examines whether ownership concentration and certain type of ownership can affect the financial performance of Lebanese banks. It uses longitudinal data from the largest 35 Lebanese banks over the period 2009–2014 and employs the panel regression model.
Nehme Azoury +3 more
openaire +2 more sources
Family-Concentrated Ownership in Chinese PLCs: Does Ownership Concentration Always Enhance Corporate Value? [PDF]
In this paper we investigate the relationship between family ownership structure and corporate value across a sample of 1314 firm-year observations of China’s family publicly listed companies (PLCs), from 2004 to 2008. We find a significant inverse-U-shaped relationship between the controlling family’s ultimate cash-flow rights and corporate value; as ...
Jin-Hui Luo, Heng Liu
openaire +3 more sources
Impact of ownership structure and ownership concentration on credit risk of Chinese commercial banks [PDF]
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.Purpose- The purpose of this study is to examine the effects of bank ownership structure and ownership ...
Boateng, Agyenim +2 more
core +1 more source
Ownership structure and firm performance in Russia: the case of blue chips of the stock market [PDF]
Based on panel data from 1995.1997, the paper focusses on the impact of ownership concentration on the performance of Russian non-financial privatised companies that constitute the group of .blue chips. of the country.s stock market.
Kuznetsov, Pavel, Muravyev, Alexander
core +1 more source
Ownership Concentration, Monitoring and Optimal Board Structure [PDF]
The paper analyzes the optimal structure of the board of directors in a firm with ownership concentrated in the hands of a large shareholder who sits on the board. We focus our attention on the choice between a one-tier board that performs all tasks and a two-tier board where the management board is in charge of project selection and the supervisory ...
Clara Graziano +1 more
openaire +7 more sources

