This paper tests the impact of managerial entrenchment on diversifying acquisition and the governance effect of ownership structure by Chinese A-share listed companies. We developed an entrenchment index based on three categories: human capital characteristics, the incentives of companies, and...

The 1997/98 financial crisis forced the Indonesian government to inject capital into selected banks, introduce deposit insurance and change capital requirements. This study investigates the relation between highly concentrated ownership and bank risk-taking using a sample of 52 insured private...