In this paper, we analyze the relationship between ownership concentration and firm performance, while accounting for the endogeneity of the ownership structure, a potential curvilinearity of the performance effect, differences in corporate governance systems, and alternative performance...

Few approaches for monitoring autocorrelated attribute data have been proposed in the literature. If the marginal process distribution is binomial, then the binomial AR(1) model as a realistic and well-interpretable process model may be adequate. Based on known and newly derived statistical...