Blockholder ownership: Effects on firm value in market and control based governance systems
By Steen Thomsen, Torben Pedersen, H. K. Kvist. 2006
397 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/fcf7b77b0ffbc3482baeedca577bba74cdb7a999
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- A. Vanstraelen
- S. Certo
- Daniel M. Shapiro
- D. Dalton
- Victor Zitian Chen
- Xiaoxiang Zhang
- Michael A. Hitt
- C. Richard
In Finance
- Wael Rouatbi
- Arnt Verriest
- Hamdi Ben-Nasr
- Daniel M. Shapiro
- Michael A. Hitt
- S. Certo
- Victor Zitian Chen
- Catherine M. Dalton
Citations in the corpus
- The Impact of Corporate Governance on IFRS Adoption Choices (2013, background): “However, in Continental European firms the main agency conflict often occurs between majority and minority shareholders due to a more concentrated ownership structure (Faccio et al., 2001; Federowicz and Aguilera, 2003; Gospel and Pendleton, 2005; Thomsen et al., 2006; Pae et al., 2008).”
- Ownership structure, control contestability, and corporate debt maturity (2015, background): “For instance, Zwiebel (1995) demonstrates that MLS may have incentives to be in collusion with each other to divert corporate resources for their personal consumption.”
- Ownership structure and innovation: An emerging market perspective (2013, background): “SD Standard deviation, Blockholders Shareholders who hold at least 5 % ownership of a firm (Thomsen et al., 2006), Tradable B A Chinese firm’s shares that are traded in foreign currencies, targeting foreign investors, Tradable H A Chinese firm’s shares that are traded on the Hong Kong Stock Exchange”
- Assessing France's Joint Audit Requirement: Are Two Heads Better than One? (2006, background): “companies, and larger ‘‘inside’’ ownership by families that manage and effectively control many listed companies (Grier and Zychowicz 1994; La Porta et al. 1998; Morck 2005; Maury 2006; Roosenboom and Schramade 2006; Thomsen et al. 2006).”
- 1 The Fundamental Agency Problem and Its Mitigation: Independence, Equity, and the Market for Corporate Control (2007, background): “A recent investigation reported no association between blockholder ownership and prior or subsequent firm value ( Thomsen, Pedersen, & Kvist, 2006 ).”