haku: @author Lins, K.V. / yhteensä: 4
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| Tekijä: | Lins, K.V. |
| Otsikko: | Equity ownership and firm value in emerging markets |
| Lehti: | Journal of Financial and Quantitative Analysis
2003 : MAR, VOL. 38:1, p. 159-184 |
| Asiasana: | Company value Emerging markets Equities Stock ownership |
| Kieli: | eng |
| Tiivistelmä: | This paper investigates whether management stock ownership and large non-management blockholder share ownership are related to firm value across a sample of 1433 firms from 18 emerging markets. When a management group's control rights exceed its cash flow rights, it is found that firm values are lower. It is also found that large non-management control rights blockholdings are positively related to firm value. |
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