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Corporate Ownership: Some International Evidence

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  • Alves, Paulo

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.

Suggested Citation

  • Alves, Paulo, 2010. "Corporate Ownership: Some International Evidence," MPRA Paper 51380, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:51380
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    References listed on IDEAS

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    Cited by:

    1. Helen Callaghan, 2015. "Something left to lose? Network preservation as a motive for protectionist responses to foreign takeovers," Review of International Political Economy, Taylor & Francis Journals, vol. 22(2), pages 391-418, April.
    2. Georgeta Vintila & tefan Cristian Gherghina, 2015. "Does Ownership Structure Influence Firm Value? An Empirical Research towards the Bucharest Stock Exchange Listed Companies," International Journal of Economics and Financial Issues, Econjournals, vol. 5(2), pages 501-514.
    3. Mr. Andre O Santos, 2015. "Integrated Ownership and Control in the GCC Corporate Sector," IMF Working Papers 2015/184, International Monetary Fund.
    4. Callaghan, Helen, 2012. "Economic nationalism, network-based coordination, and the market for corporate control: Motives for political resistance to foreign takeovers," MPIfG Discussion Paper 12/10, Max Planck Institute for the Study of Societies.
    5. Alves, Paulo, 2012. "The puzzle of corporate control," MPRA Paper 52113, University Library of Munich, Germany, revised 2012.

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    More about this item

    Keywords

    Corporate ownership; Law and finance.;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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