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Efficiency and Firm Ownership: Some New Evidence

✍ Scribed by Zhiqiang Liu


Book ID
110313736
Publisher
Springer US
Year
2001
Tongue
English
Weight
108 KB
Volume
19
Category
Article
ISSN
0889-938X

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Ownership structure and firm performance
✍ Carmen Galve GΓ³rriz; Vicente Salas FumΓ‘s πŸ“‚ Article πŸ“… 1996 πŸ› John Wiley and Sons 🌐 English βš– 896 KB

The 'managerial' and the 'contractual' theories of the firm imply different causes and consequences for the relationship between ownership and performance of firms. This paper provides a test of the two conflicting theories, using ownership and performance data from a sample of Spanish family-and no