The paper examines the impact of ownership structure on company economic performance in the largest companies from 12 European nations. Ownership structure is measured by the identity and share of the largest owner. Performance is measured by return on assets, market to book values and sales growth controlling for industry, capital structure and nation effects. We find evidence of a bell-shaped...

In this research, we scrutinize the affect of ownership structure on company performance. The relationship between ownership structure and performance has always been the area under discussion in the literature of corporate finance. The discussion on this area was started with the thesis of Berle and Means (1932). They argued that defuse ownership is inversely correlated with performance of a c...

This study investigates how ownership forms affect managerial incentives and pricing in different competitive contexts. We explore how the difference in ownership form between franchised and company-owned units influences the incentives of the managers who take the day-to-day decisions that constitute interfirm rivalry. We argue that chains with company-owned units may restrict decision-making ...

This paper provides new evidence for the relationship between the nature of banking relationships, managerial ownership and operational performance in supporting reciprocal effects between these variables in the context of small and medium enterprises (SMEs). A simultaneous equations model was applied to a sample of 4,163 Portuguese SMEs and to cross-section data. Evidence was found that these ...

Business researchers have recently become interested in how an individual’s share ownership in a publicly-listed company may affect his/her repeat patronage towards the company’s products and services. The purpose of this article is to investigate the influence of share ownership on repeat patronage, in conjunction with the influence of customer satisfaction. Survey data of a large sample of cu...

Managerial and institutional ownership within companies is becoming increasingly important commonplace in today's modern era. Therefore, this research investigated the effect of managerial on company's financial performance. The method used a quantitative approach. This uses secondary approach with objects form manufacturing listed Indonesia Stock Exchange 2017-2021 period. results study indica...

Present paper discusses the role of job autonomy and psychological ownership in affecting turnover intention. A conceptual framework with psychological ownership as a mediator was proposed. The empirical investigation was carried out in an Indian telecom company through a questionnaire survey and it was found that both job autonomy and ownership feelings predicted short term intention to quit a...

the corporate income tax rate plays a worthwhile role in developing fiscal and tax policies for companies, lawmakers and analysts. so, one of the most important issues in tax field, is to determine effective tax rates. the study and scientific calculations of the effective tax rates provide an enhanced tax justice and a careful study of tax pressure on taxpayers would be possible. the objective...

The ownership redirection thesis within franchising governance research stream, originally proposed by Oxenfeldt and Kelly (1968), argued that successful, resource-flush franchise systems will ultimately tend toward becoming wholly company-owned systems due to opportunistic reacquisition activity by the powerful franchisors. For nearly forty years this dark prophecy has precipitated an intense ...