Ownership Structure and Corporate Performance
Title | Ownership Structure and Corporate Performance PDF eBook |
Author | Katinka Wölfer |
Publisher | Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften |
Pages | 0 |
Release | 2016 |
Genre | Business & Economics |
ISBN | 9783653062755 |
The book illustrates that the impact of ownership on firm value depends not only on the concentration of ownership but also on the identity of blockholders. Large shareholders can use their power to influence corporate performance. However, owners are no homogenous group and have different motivations and abilities.
Corporate Governance, Ownership Structure and Firm Performance
Title | Corporate Governance, Ownership Structure and Firm Performance PDF eBook |
Author | Hoang N. Pham |
Publisher | Routledge |
Pages | 190 |
Release | 2022-01-25 |
Genre | Business & Economics |
ISBN | 1000540278 |
The relationship between ownership structure and firm performance has been studied extensively in corporate finance and corporate governance literature. Nevertheless, the mediation (path) analysis to examine the issue can be adopted as a new approach to explain why and how ownership structure is related to firm performance and vice versa. This approach calls for full recognition of the roles of agency costs and corporate risk-taking as essential mediating variables in the bi-directional and mediated relationship between ownership structure and firm performance. Based on the agency theory, corporate risk management theory and accounting for the dynamic endogeneity in the ownership–performance relationship, this book develops two-mediator mediation models, including recursive and non-recursive mediation models, to investigate the ownership structure–firm performance relationship. It is demonstrated that agency costs and corporate risk-taking are the ‘missing links’ in the ownership structure–firm performance relationship. Hence, this book brings into attention the mediation and dynamic approach to this issue and enhances the knowledge of the mechanisms for improving firm’s financial performance. This book will be of interest to corporate finance, management and economics researchers and policy makers. Post-graduate research students in corporate governance and corporate finance will also find this book beneficial to the application of econometrics into multi-dimensional and complex issues of the firm, including ownership structure, agency problems, corporate risk management and financial performance.
Equity Ownership and Performance
Title | Equity Ownership and Performance PDF eBook |
Author | Kerstin Groß |
Publisher | Springer Science & Business Media |
Pages | 380 |
Release | 2007-05-06 |
Genre | Business & Economics |
ISBN | 3790819344 |
The empirical studies presented in this book model the endogeneity by applying the simultaneous equations methodology on the relation of ownership and financial performance as well as on different ownership dimensions themselves. Its final model comprises a four equations system containing performance, general ownership concentration, managerial and institutional ownership.
The Modern Corporation and Private Property
Title | The Modern Corporation and Private Property PDF eBook |
Author | Adolf Augustus Berle |
Publisher | |
Pages | 396 |
Release | 1937 |
Genre | Corporation law |
ISBN |
Equity
Title | Equity PDF eBook |
Author | Corey M. Rosen |
Publisher | Harvard Business Press |
Pages | 214 |
Release | 2005 |
Genre | Business & Economics |
ISBN | 9781591393313 |
How employee ownership can pay bottom-line benefits. Today, more than 25 percent of American workers own stock in their employers. You can shop at employee-owned supermarkets such as Publix, buy Gore-Tex fabric from employee-owned W.L. Gore & Associates, and sip coffee served by employee owners at Starbucks. Now Corey Rosen, John Case, and Martin Staubus present convincing evidence that employee ownership can be much more than just a good benefit program. Done right, it can be the foundation for a new—and more effective—model of management. Drawing on first-hand studies of dozens of companies from large corporations to local retailers, the authors show that the “equity model” enables firms to grow faster and more profitably than conventionally run competitors. Vivid examples of both winning and failed attempts at employee ownership reveal the key concepts that make the model successful, and suggest how managers can adapt these strategies for use in their own companies. This lively and practical guide delivers a sound business case for making employees true partners in a firm’s success.
Equity Alternatives
Title | Equity Alternatives PDF eBook |
Author | Joseph S. Adams |
Publisher | |
Pages | 298 |
Release | 2012-01-01 |
Genre | Employee ownership |
ISBN | 9781932924909 |
The Rise of China as an Economic Power
Title | The Rise of China as an Economic Power PDF eBook |
Author | Charles Albert Eric Goodhart |
Publisher | |
Pages | 100 |
Release | 1996 |
Genre | China |
ISBN |