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Do foreign shareholders improve corporate earnings quality in emerging markets? : evidence from Vietnam

Vinh Xuan Bui; Chu, Thi Kim Huong - In: Cogent economics & finance 7 (2019) 1, pp. 1-22

this study supports the spillover hypothesis. This suggests that foreign institutional shareholders with extensive …

Persistent link: https://www.econbiz.de/10014233052

Is board-tie among rivals harmful to customers? : evidence from banks' project-financing consortium

Lee, Steve Kyungjae; Lee, Sunki - In: South African journal of business management 54 (2023) 1, pp. 1-11

shareholders is smaller or when savings banks are family firms. Practical implications: Outside directors can not only play the …

Persistent link: https://www.econbiz.de/10014234822

Shareholding control, ownership concentration, and the value of the Brazilian firm

Brandão, Isac de Freitas; Crisóstomo, Vicente Lima - In: Borsa Istanbul Review 24 (2024) 5, pp. 984-995

The study analyzes whether the type of shareholding control (dispersed, shared, or dominant) affects agency conflicts by investigating the relationship between shareholding control, ownership concentration, and firm value. The sample is a panel data comprising 1977 firm-year observations from...

Persistent link: https://www.econbiz.de/10015141786

Concomitant of inside-shareholding, group affiliation and firm value: evidence from Pakistan

Waseemullah; Tahir, Safdar Husain; Kaleem, Muhammad Shafiq - In: Verslas : teorija ir praktika : Vilniaus Gedimino … 22 (2021) 1, pp. 133-145

The present study inspects the comparative effects of inside shareholding on firm value for group-affiliated firms and non-group-affiliated firms in Pakistan. The research uses the excess-value as a performance measure by employing a chop-shop approach in treatment effects regression model...

Persistent link: https://www.econbiz.de/10012503442

Bank shareholder network and board governance : evidence from Chinese commercial banks

Wang, Li; Huang, Zeyu; Wang, Yanan - In: Journal of innovation & knowledge : JIK 8 (2023) 4, pp. 1-15

Board governance is an important aspect of internal bank governance. We conduct an empirical study on 100 banks in China for the period from 2004 to 2017 using a time-varying growth bank shareholder network to investigate the relationship and mechanism between bank shareholder network and board...

Persistent link: https://www.econbiz.de/10014504890

Ownership structure and agency costs : evidence from the insurance industry in Jordan

Tayeh, Mohammad; Mustafa, Rafe'; Bino, Adel - In: Journal of economics, finance & administrative science 28 (2023) 56, pp. 287-302

activities that serve their own interests rather than those of shareholders. The largest shareholder's ownership has no impact on … percentage of capital owned by the largest shareholders and managers increases, SG&A expenses (efficiency ratio) decrease … (increases), indicating that the existence of large non-management shareholders reduces agency costs. After accounting for the …

Persistent link: https://www.econbiz.de/10014506788

On the non-linear relationship between large shareholders and bank performance : North African banks vs. banks in the Middle East

Karmani, Majdi; Boussaada, Rim; Hakimi, Abdelaziz - In: Regional science policy and practice : RSPP 16 (2024) 6, pp. 1-9

The paper aims to empirically assess the threshold effect in the large shareholders (LS) and bank performance … large shareholders-bank performance relationship. Additionally, results show that this effect differs across regions. More … specifically, we found that, below the threshold, large shareholders significantly decrease bank performance for the whole sample …

Persistent link: https://www.econbiz.de/10014584308

Agency conflicts, firm value, and monitoring mechanisms : an empirical evidence from Indonesia

Faisal; Majid, Muhammad Shabri Abdul; Sakir, A. - In: Cogent economics & finance 8 (2020) 1, pp. 1-24

Using a linear model, previous studies on the ownership concentration-firm performance nexus have produced inconsistent empirical findings and found no consensus concerning the measure of agency conflict control mechanism. Using a non-monotonic model and a combination of agency conflict control...

Persistent link: https://www.econbiz.de/10013179590

Can common institutional ownership constrain the equity pledges of controlling shareholders? : evidence from Chinese listed companies

Zhou, Fangfang; Chen, Lianghua; Zhao, Libin; Fu, Xiangfei - In: Borsa Istanbul Review 25 (2025) 2, pp. 311-322

The potential risks associated with controlling shareholders' equity pledges pose significant challenges to capital … scholarly investigation. This study examines the impact of common institutional ownership on controlling shareholders' equity … ownership significantly reduces equity-pledging activities among controlling shareholders. This relationship is robust across …

Persistent link: https://www.econbiz.de/10015337361

Conflicts between parent company and non-controlling shareholders in stakeholder-oriented corporate governance : evidence from Japan

Fujita, Kento; Yamada, Akihiro - In: Journal of business economics and management 23 (2022) 2, pp. 263-283

When a company establishes subsidiaries with capital provided by a third party, the subsidiaries' shareholders include … the parent company (controlling shareholders) and minority (noncontrolling) shareholders. When shareholders' interests are … conflicts among shareholders are called principal-principal (PP) conflicts. However, adopting stakeholder-oriented corporate …

Persistent link: https://www.econbiz.de/10013258701