Managerial Ownership Dynamics and Firm Value

By Rüdiger Fahlenbrach, René M. Stulz. 2009

245 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/aef74bbc8d33b957671d68dc38ecc0fe68564199

Citations in the corpus

• CEO Ownership, External Governance, and Risk-taking (2011, unknown): “It appears that very large CEO ownerships arise for exogenous reasons (e.g., young firms with limited access to external equity) and over time the CEOs reduce their stakes for better diversification (Fahlenbrach and Stulz, 2009).”
• Capital structure decisions in family firms: empirical evidence from a bank-based economy (2011, unknown): “***, ** and * indicate significance on the 1%-, 5%- and 10%-levels 14 Cf. Rosenbaum and Rubin (1983), Heckman et al. (1997) or Todd (2008) for a more detailed description of the applied methodology.”