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Ownership structure pre- and post-IPOs and the operating performance of JASDAQ companies

✍ Scribed by Kenji Kutsuna; Hideo Okamura; Marc Cowling


Book ID
117627859
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
291 KB
Volume
10
Category
Article
ISSN
0927-538X

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Ownership structure and economic perform
✍ Steen Thomsen; Torben Pedersen πŸ“‚ Article πŸ“… 2000 πŸ› John Wiley and Sons 🌐 English βš– 111 KB

The paper examines the impact of ownership structure on company economic performance in 435 of the largest European companies. Controlling for industry, capital structure and nation effects we find a positive effect of ownership concentration on shareholder value (market-tobook value of equity) and