Description:The basis of all corporate governance considerations is the effect of ownership structure on company performance. While the effects of ownership structure were hypothesized and studied multiple times, previous analyses neglected the endogeneity issue between ownership and performance as well as between different ownership dimensions themselves. Consequently, they failed to yield consistent results.The empirical studies presented in this book model the endogeneity by applying the simultaneous equations methodology on the relation of ownership and financial performance as well as on different ownership dimensions themselves. Its final model comprises a four equations system containing performance, general ownership concentration, managerial and institutional ownership.This approach allows more precise findings and is capable of tracing the different observed ownership effects back to their real origin, which will give much impetus to corporate governance researchers and practitioners.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Equity Ownership and Performance. To get started finding Equity Ownership and Performance, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: The basis of all corporate governance considerations is the effect of ownership structure on company performance. While the effects of ownership structure were hypothesized and studied multiple times, previous analyses neglected the endogeneity issue between ownership and performance as well as between different ownership dimensions themselves. Consequently, they failed to yield consistent results.The empirical studies presented in this book model the endogeneity by applying the simultaneous equations methodology on the relation of ownership and financial performance as well as on different ownership dimensions themselves. Its final model comprises a four equations system containing performance, general ownership concentration, managerial and institutional ownership.This approach allows more precise findings and is capable of tracing the different observed ownership effects back to their real origin, which will give much impetus to corporate governance researchers and practitioners.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Equity Ownership and Performance. To get started finding Equity Ownership and Performance, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.