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• W2988931239 abstract "This study investigates the effects of state ownership on firm performance using data on listed firms in Vietnam. We find that state ownership of listed firms is positively related to firm performance. In addition, we find that the effects of state ownership vary depending on the type of state ownership. Firms perform best when controlled by a state owner in the form of a sovereign wealth fund. We also find that the relationship between state ownership and firm performance is nonlinear. Overall, the study contributes significantly to the growing body of evidence on the effects of state ownership, the impact of the type of state owner, and the role of controlling shareholders in corporate governance frameworks." @default.
• W2988931239 created "2019-11-22" @default.
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• W2988931239 date "2019-12-01" @default.
• W2988931239 modified "2023-10-10" @default.
• W2988931239 title "State ownership, sovereign wealth fund and their effects on firm performance: Empirical evidence from Vietnam" @default.
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• W2988931239 doi "https://doi.org/10.1016/j.pacfin.2019.101220" @default.
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