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The ownership Structure, Governance, and Performance of French Companies

✍ Scribed by Péter Harbula


Book ID
111354567
Publisher
John Wiley and Sons
Year
2007
Weight
337 KB
Volume
19
Category
Article
ISSN
1078-1196

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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