Corporate Ownership: Some International Evidence
International Research Journal of Finance and Economics, 41, 93-104, 2010
17 Pages Posted: 21 Nov 2008 Last revised: 9 Apr 2012
Date Written: 2010
Abstract
In this research we evaluate how corporate ownership around the world is defined and which variables, related to a firm's characteristics and the countries' infrastructures, influences this. We find that there are a small number of countries where firms present a lower percentage of block holdings. We find that firm's size is the most important determinant of block holdings worldwide, although some variables related with the quality of enforcement also play a crucial role.
Keywords: Corporate ownership, Law and finance
JEL Classification: G32, G38
Suggested Citation: Suggested Citation
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