Structure de l’actionnariat familial et performance des grands groupes coréens
Abstract(VF)L’objet de cet article est d’étudier la relation entre la structure actionnariale et la performance dans le cas des grands groupes coréens, caractérisés par une structure à contrôle minoritaire. Les résultats, obtenus à partir d’un échantillon de 29 grands groupes coréens sur la période 1990-1996, indiquent que l’impact positif supposé de l’actionnariat familial sur la performance n’est confirmé que pour un certain niveau de la concentration actionnariale.(VA) The object of this article is to study the relation between the ownership structure and the performance in the case of the Korean business groups characterized by a con-trolling-minority structure. The results, obtained from a sample of 29 Korean business groups over the 1990-1996 period, indicate that the supposed positive impact of family ownership on performance is confirmed only at a certain level of ownership concentration.
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Bibliographic InfoArticle provided by revues.org in its journal Revue Finance Contrôle Stratégie.
Volume (Year): 7 (2004)
Issue (Month): 4 (December)
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Find related papers by JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
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