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Author:Short, H.
Title:Ownership, control, financial structure and the performance of firms
Journal:Journal of Economic Surveys
1994 : SEP, VOL. 8:3, p. 203-249
Index terms:ECONOMICS
COMPANIES
CONTROL
Language:eng
Abstract:The notion that the separation of ownership from control may create a divergence of interests between managers and shareholders has led to a large number of studies which investigate the influence of ownership structures upon a firm's financial structure and the performance of the firm. The purpose of this paper is to review and critically evaluate the literature that empirically analyzes the effects of ownership and control structures on both the financial structure and the performance of the firm.
SCIMA record nr: 115409
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