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

See all articles by Paulo F. Pereira Alves

Paulo F. Pereira Alves

CMVM - Portuguese Securities and Exchange Commission, ISCAL and Lusofona University

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

Pereira Alves, Paulo F., Corporate Ownership: Some International Evidence (2010). International Research Journal of Finance and Economics, 41, 93-104, 2010, Available at SSRN: https://ssrn.com/abstract=1304197

Paulo F. Pereira Alves (Contact Author)

CMVM - Portuguese Securities and Exchange Commission, ISCAL and Lusofona University ( email )

Rua Laura Alves n.º 4 Apartado 14258
Lisbon
Portugal

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