Ownership structure and economic performance in the largest european companies

By Steen Thomsen, Torben Pedersen. 2000

1,356 citations recorded by the source corpus.

Subfields: Accounting, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/c50b51af1d8cd534d76dbbf8cf56a798d375d43b

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Citations in the corpus

Corporate Governance and Performance of Indian Firms: The Effect of Board Size and Ownership (2005, background): “Firms’ ownership structure is the most researched indicator of corporate governance (Morck et al., 1988; Himmelberg et al., 1999; Thomsen & Pedersen, 2000; La Porta et al., 1999; Ramaswamy et al., 2002).”
Private Firms and Corporate Governance: An Integrated Economic and Management Perspective (2007, background): “A fast-growing literature, mostly in the finance area, examines the claim that publicly owned firms with a large family blockholder may perform better (e.g., Anderson and Reeb, 2003; Thomsen and Pedersen, 2000).”
Institutions Behind Family Ownership and Control in Large Firms (2010, methodology): “In Asia, (continental) Europe, and Latin America, the vast majority of large, publicly traded firms are family owned and controlled (Ahlstrom et al., 2004; Carney and Gedajlovic, 2002; Claessens et al., 2000; de Miguel et al., 2004; Faccio et al., 2001; Gedajlovic and Shapiro, 1998, 2002; La Porta e”
Institutional Investors and Institutional Environment: A Comparative Analysis and Review (2010, background): “…that different types of institutional owners do not have the same preferences (David et al., 1998; Hoskisson et al., 2002; Ryan and Schneider, 2002; Thomsen and Pedersen, 2000), Aguilera and Jackson (2003, p. 450) note that researchers in comparative or cross-national governance have not given…”
The Cross-National Diversity of Corporate Governance: Dimensions and Determinants (2003, background): “What the salient national differences in corporate governance are and how they should best be conceptualized remain hotly debated (Gedajlovic & Shapiro, 1998; O’Sullivan, 2000; Pedersen & Thomsen, 1997; Prowse, 1995; Shleifer & Vishny, 1997; Thomsen & Pedersen, 2000 ).”
“SEW” What Do We Know and Where Do We Go? A Review of Socioemotional Wealth and a Way Forward (2020, background): “All firms manage multiple objectives; however, for family-owned firms, the preservation of nonfinancial goals is thought to be a point of departure from their nonfamily peers (Sharma et al., 1997; Thomsen & Pedersen, 2000).”
Corporate governance, ownership structure and performance of SMEs in Ghana: implications for financing opportunities (2007, background): “Other studies however indicated that entrepreneurs and managers of founding family firms are more likely to engage in managerial entrenchment to the detriment of the firm, resulting in weaker performance ( Thomsen and Pedersen, 2000”
Family control and investment–cash flow sensitivity: Empirical evidence from the Euro zone (2011, neutral): “However, extensive research has documented that the relation between ownership structure and firm value is nonlinear as a result of the monitoring and expropriation effects, and the convergence-of-interests and entrenchment phenomena, in the case of ownership concentration and insider ownership, res”
VALUE CREATION AND DESTRUCTION IN CROSS-BORDER ACQUISITIONS: AN EMPIRICAL ANALYSIS OF FOREIGN ACQUISITIONS OF U.S. FIRMS (2002, result): “This result is consistent with that described in Thomsen and Pedersen (2000), who find that bank ownership is associated with higher shareholder value for their sample of large European companies.”
Institutional investors, shareholder activism, and earnings management (2011, background): “…outs, but positively associated with the firm's market value Steiner (1996) Blockholder ownership percentage Positively associated with Tobin's Q Thomsen and Pedersen (2000) Largest owner percentage Positively related to market (MBV) and accounting (ROA) performance Wright et al. (2002)…”