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Country-specific institutional effects on ownership: concentration and performance of continental European firms

✍ Scribed by Victoria Krivogorsky; Gary Grudnitski

Book ID
106454205
Publisher
Springer US
Year
2009
Tongue
English
Weight
336 KB
Volume
14
Category
Article
ISSN
1385-3457

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## Abstract This paper provides new survey evidence on effects of concentrated ownership on restructuring and performance in privatized firms in Russia. The major findings are that large‐block shareholding is negatively associated with the firm's investment and performance, and this relationship do