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Ownership structure, risk and performance in the European banking industry

✍ Scribed by Giuliano Iannotta; Giacomo Nocera; Andrea Sironi


Book ID
116614848
Publisher
Elsevier Science
Year
2007
Tongue
English
Weight
205 KB
Volume
31
Category
Article
ISSN
0378-4266

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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