| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Postprivatization Corporate Governance: the Role of Ownership Structure and Investor Protection | |
| Narjess Boubakri; Jean-Claude Cosset; Omrane Guedhami | |
| 发表日期 | 2003 |
| 出处 | Economy and Society |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We investigate the role of ownership structure and investor protection in postprivatization corporate governance. We find that the government relinquishes control over time, mainly to the benefit of local institutions and foreign investors. We also show that private ownership tends to concentrate over time. In addition to firm-level variables, investor protection, political and social stability explain the cross-firm differences in ownership concentration. We find that the positive effect of ownership concentration on firm performance matters more in countries with weak investor protection and that private domestic ownership leads to higher performance. |
| 特色分类 | G32,G38 |
| 关键词 | Corporate governance,privatization,performance |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/postprivatization-corporate-governance-the-role-of-ownership-structure-and-investor-protection/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116865 |
| 推荐引用方式 GB/T 7714 | Narjess Boubakri,Jean-Claude Cosset,Omrane Guedhami. Postprivatization Corporate Governance: the Role of Ownership Structure and Investor Protection. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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