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Using an integration of agency theory with an institutional perspective, we investigate how business group affiliation, with-in firm governance and external governance environment affect firm performance in emerging economies. Using archival data on top 500 Indian and Chinese firms from multiple...
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China and India are owned and managed by its promoters, the present study attempts to examine the impact of ownership … Shanghai Stock Exchange of China. The study finds promoter ownerships to positively impact a firm’s value creation process …, while institutional investors exert a negative influence. Although CEO duality enhances firm value in China, the results …
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