Search Results - subject:"Pyramidal ownership"

Controlling shareholder ownership structure and conflict-related party transactions

Siti Hajar Asmah Ali; Rahmat, Mohd-Mohid; Noor Idayu Ismail - In: Asian journal of accounting & governance 15 (2021), pp. 1-13

Persistent link: https://www.econbiz.de/10012585716

Pyramidal ownership and company value : evidence from Polish listed companies

Aluchna, Maria; Kuszewski, Tomasz - In: Contemporary economics 15 (2021) 4, pp. 479-498

This paper examines the effects of pyramidal ownership. Using the sample of 162 non-financial companies listed on the … company value. Specifically, we show that the link between pyramidal ownership and company value is more complex than … our expectations the combination of pyramidal ownership and dual class shares is correlated with lower Q. Finally, while …

Persistent link: https://www.econbiz.de/10012802282

Pyramidal ownership and company value: Evidence from Polish listed companies

Aluchna, Maria; Kuszewski, Tomasz - In: Contemporary Economics 15 (2021) 4, pp. 479-498

Persistent link: https://www.econbiz.de/10014544656

Pyramidal Business Groups and Asymmetric Financial Frictions

Cho, Duksang - In: KDI Journal of Economic Policy 41 (2019) 3, pp. 1-38

Given capital market imperfections, an entrepreneur can alleviate financial frictions by creating a pyramidal business group in which a parent firm offers its subsidiary firm internal finance. This endogenous creation of pyramidal business groups can beget asymmetric financial frictions between...

Persistent link: https://www.econbiz.de/10012110531

Corporate governance and pyramidal ownership : the role of Novo Mercado

Aldrighi, Dante Mendes; Postali, Fernando Antonio Slaibe; … - In: Revista Brasileira de Finanças : RBFin 16 (2018) 1, pp. 5-38

Persistent link: https://www.econbiz.de/10012122604

Pyramidal ownership structure, dual class shares and firms' financial performance in Brazilian market

Andrade, Lélis Pedro de; Bressan, Aureliano Angel; … - In: Revista Brasileira de Finanças : RBFin 12 (2014) 4, pp. 555-595

Persistent link: https://www.econbiz.de/10011585443

Pyramidal Ownership in Ecuadorian Business Groups

Wiggins, Steven (contributor) - 2009

The purpose of this research is to explore the motivation of business group firmsto adopt pyramidal ownership …

Persistent link: https://www.econbiz.de/10009464834

The Emergence of Corporate Pyramids in China

Fan, Joseph P.H.; Wongb, T.J.; Zhang, Tianyu - Center for Economic Institutions, Institute of Economic … - 2006

We examine the pyramidal ownership structure of a large sample of newly listed Chinese companies controlled by local …

Persistent link: https://www.econbiz.de/10005045175

Controlling firms through the majority voting rule

Chapelle, Ariane; Szafarz, Ariane - Département d'Économie Appliquée (DULBEA), Solvay … - 2005

Pyramids, cross-ownership, rings, and other complex features inducing control tunnelling are frequent in the European and Asian industrial world. Based on the matrix methodology, this paper offers a model for measuring integrated ownership and threshold-based control, applicable to any group of...

Persistent link: https://www.econbiz.de/10005094121

Les leviers de contrôle des actionnaires majoritaires

Chapelle, Ariane; Szafarz, Ariane; Biebuyck, T. - Département d'Économie Appliquée (DULBEA), Solvay … - 2005

La littérature académique en gouvernance d'entreprise étudie en particulier la séparation entre propriété et contrôle au sein de l'actionnariat des entreprises privées. Après avoir présenté les résultats relatifs aux bénéfices privés de contrôle et leur impact potentiel sur les...

Persistent link: https://www.econbiz.de/10005596867