On the Relation Between Ownership Structure and Capital Structure

By T. Brailsford, Barry Oliver, Sandra L. H. Pua. 2002

321 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/494d2c9e5ce33022cda5eac56cf28127cc6b660d

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Maria Psillaki
2. Dimitris Margaritis
3. Shiguang Ma
4. Nigel Driffield
5. W. Ruan
6. Rayna Brown
7. N. Sarma
8. Gary Gang Tian

In Strategy and Management

1. S. Pal
2. Maria Psillaki
3. Shiguang Ma
4. Nigel Driffield
5. W. Ruan
6. Gary Gang Tian

Citations in the corpus

• Corporate Governance, Accounting and Finance: A Review (2011, unknown): “Brickley et al. (1988) report institutional shareholders in the United States vote more actively on anti-takeover amendments than other shareholders and more actively oppose proposals that seem harmful to shareholders.”
• Managerial Ownership, Capital Structure and Firm Value: Evidence from China’s Civilian-run Firms (2011, methodology): “Several recent articles have studied corporate governance in emerging (or transition-economy) markets, focusing on the relationship between ownership structure and firm value (Bunkanwanicha et al. 2008; Claessens & Djankov 1999; Lins 2003; Wei et al. 2005). These studies found a nonlinear relationsh”
• How Does Ownership Structure Affect Capital Structure and Firm Value? Recent Evidence from East Asia (2007, background): “The literature is largely based on the functioning of the US firms within US capital and corporate control markets, generally characterized by 2 Brailsford, Oliver, and Pua (2002), however, studied the effects of external block ownership and managerial share ownership on capital structure among the…”
• Capital structure, equity ownership and firm performance (2010, background): “Driffield et al. (2006) based on Brailsford et al. (2002) suggest that the relationship between managerial share ownership and leverage may be non-linear.”
• CEO overconfidence, CEO dominance and corporate acquisitions (2007, background): “Brailsford et al. (2002) suggest that managerial stock ownership and external block ownership interact, such that at high levels of managerial stock ownership, managerial entrenchment competes with monitoring activities to reduce substantially the significance of external block ownership.”
• Determinants of capital structure: an empirical study of firms in Iran (2015, unknown): “…28 2 7 M ar ch 2 01 5 (P T ) Maximum total debt ratio (TD) in the research sample is 2.44 per cent, indicating that this ratio in Iranian firms is lower than that reported by Tse and Jia (2007) and Brailsford et al. (2002) reported in UK and Australia (176.36 and 380.35 per cent, respectively).”