International Ownership Structure and the Firm Value - In this paper, we investigate the effect of international ownership structure (IOS) on the firm value and shareholder welfare in a world in which countries regulate corporate IOS to maintain local control. They key findings include: First, the value of the firm is a non-linear function of its IOS; as the foreign shareholders' fractional ...
| Year of publication: |
1998
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| Authors: | Eun, Cheol S. ; Janakiramanan, S. |
| Published in: |
Global finance journal. - Amsterdam [u.a.] : Elsevier Inc., ISSN 1044-0283, ZDB-ID 11172435. - Vol. 9.1998, 2, p. 149-172
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