Berzins, Janis; Bøhren, Øyvind; Rydland, Pål - 2008
firms pay high
dividends to reduce expropriation threats to weak owners.
Ownership concentration is much higher in …
stakeholder mix. Larger boards, which are more often found in large, old, listed firms with
low ownership concentration, tend to … ....................................................................................................... 36
7.1.1 Ownership concentration …