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Keeping it real or ...
Keeping it real or keeping it simple? Ownership concentration measures compared
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- Mavruk, Taylan, 1977 (författare)
- Gothenburg University,Göteborgs universitet,Företagsekonomiska institutionen, Industriell och Finansiell ekonomi & logistik,Centrum för finans,Department of Business Administration, Industrial and Financial Management & Logistics,Centre for Finance
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- Overland, Conny, 1975 (författare)
- Gothenburg University,Göteborgs universitet,Centrum för finans,Företagsekonomiska institutionen, Industriell och Finansiell ekonomi & logistik,Centre for Finance,Department of Business Administration, Industrial and Financial Management & Logistics
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- Sjögren, Stefan, 1965 (författare)
- Gothenburg University,Göteborgs universitet,Centrum för finans,Företagsekonomiska institutionen, Industriell och Finansiell ekonomi & logistik,Centre for Finance,Department of Business Administration, Industrial and Financial Management & Logistics
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(creator_code:org_t)
- 2016
- 2016
- Engelska.
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Ingår i: World Finance Conference - New York (July, 29 to 31, 2016).
- Relaterad länk:
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https://gup.ub.gu.se...
Abstract
Ämnesord
Stäng
- Based on a sample of 240 Swedish firms listed at the Stockholm Stock Exchange as of year-end 2008 we analyze measures of ownership concentration found in past governance literature. We find that although measures are significantly correlated, they show different distributional properties. We also identify the best underlying distribution for each concentration measure, and we are able to distinguish between measures in terms of what dimensions of ownership they describe. Finally, we document that inferences regarding the association between ownership concentration and firm performance are contingent on the choice of concentration measure.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Företagsekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Business Administration (hsv//eng)
Nyckelord
- Ownership concentration measures
- distributional properties.
Publikations- och innehållstyp
- vet (ämneskategori)
- kon (ämneskategori)