. Inside ownership reflects the classic tradeoff between incentives and risk diversification, and the severity of agency costs …, inside ownership, and the marginal cost of capital. We discuss implications for the determinants of firm size, the … relationship between Tobin's Q and ownership, and the effect of financial liberalizations. …

1. Chapter One: Introduction -- 2. Chapter Two: Self-Ownership and Property Rights -- 3. Chapter Three: Legacies of … self-ownership and individual responsibility. They correctly point out that the hardships that the ancestors of those now …

property rights and highly concentrated ownership reduce the functional efficiency of capital markets. Findings support the …

This paper builds a new dataset on bank ownership and bank performance covering approximately 50,000 observations for … ownership and bank performance, providing separated estimations for developing and industrial countries. It is found that, while … ownership is strongly correlated with performance in developing countries, that ownership is not correlated with performance in …

. Inside ownership reflects the classic tradeoff between incentives and risk diversification, and the severity of agency costs …, inside ownership, and the marginal cost of capital. We discuss implications for the determinants of firm size, the … relationship between Tobin's Q and ownership, and the effect of financial liberalizations. …

found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration …. In contrast, foreign ownership matters little. It is also found that the extent to which government policies and …