haku: @indexterm COMPANY OWNERSHIP / yhteensä: 496
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Tekijä:Kirchmaier, T.
Grant, J.
Otsikko:Corporate ownership structure and performance in Europe
Lehti:European management review
2005 : WINTER, VOL. 2:3, p. 231-245
Asiasana:company ownership
performance appraisal
Europe
Kieli:eng
Tiivistelmä:This paper shows that ownership (here as: o-ship) structures (as: strs.) vary considerably across the largest European economies, and that o-ship has a significant impact on firm performance (as: perf). It is demonstrated that o-ship strs. in Europe are not necessarily consistent with value maximisation principles. Ultimately, the results show that dominant shareholders have a negative impact on long-term share price perf. These findings are in contradiction to similar research based on U.S. samples.
SCIMA tietueen numero: 260073
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