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- W3162867250 abstract "We analyze the distributional properties of ownership concentration measures and find that measures come from different underlying statistical distributions. Consistent with theory, some measures that are classified to represent a monitoring dimension have a positive influence on firm performance; other measures that are interpreted to represent a shareholder conflict dimension are negatively related to firm performance. However, other measures deviate from this pattern, and therefore, we cannot conclude that simple measures can replace complicated measures. Some measures are more suitable for analyzing the relationship between management and owners, whereas other measures are more suitable for analyzing the relationships among owners." @default.
- W3162867250 created "2021-05-24" @default.
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- W3162867250 date "2019-12-05" @default.
- W3162867250 modified "2023-09-23" @default.
- W3162867250 title "Keeping It Real or Keeping It Simple? Ownership Concentration Measures Compared" @default.
- W3162867250 hasPublicationYear "2019" @default.
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