𝔖 Bobbio Scriptorium
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Firm Ownership and Rent Sharing

✍ Scribed by Natália Pimenta Monteiro; Miguel Portela; Odd Rune Straume


Book ID
107604830
Publisher
Springer US
Year
2011
Tongue
English
Weight
390 KB
Volume
32
Category
Article
ISSN
0195-3613

No coin nor oath required. For personal study only.


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CEO ownership and firm value
✍ John M. Griffith 📂 Article 📅 1999 🏛 John Wiley and Sons 🌐 English ⚖ 74 KB

This paper examines the hypothesis that the amount of CEO ownership has a dominating effect on the value of the firm. Using a diverse sample of firms, firm value as measured by Tobin's q is found to be a nonmonotonic function of CEO ownership. Specifically, Tobin's q rises when the CEO owns between