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Managing psychological ownership can have positive attitudinal and behavioural effects, promote organisational effectiveness and support talent retention.
This paper studies the relationship between foreign ownership and bank performance. A cross-section of 216 banks in transition economies in Central and Eastern Europe and Central Asia is used. In the ...
We analyse the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-...
An important decision that multinational firms (MNFs) face when expanding abroad concerns the specific form of their investment. The usual choice is between exports, licensing or franchising, and fo...
Conventional policy for industries with very high economies of scale is to permit monopoly but to subject it to regulation or public ownership. Since the latter may not result in cost minimization, ...
We examine the effects of public ownership and regulatory agency independence on regulatory outcomes in EU telecommunications. Specifically, we study regulated interconnect rates paid by entrants to...
Corporate turnarounds have been studied widely in Western contexts, but few empirical studies detail turnaround experience in non-western countries, especially those undergoing or recovering from fina...
This article investigates the effects of a denationalization of ownership on the activities of corporate boards. A simultaneous change in investors’ identity on the Swedish stock exchange and the bo...
The paper investigates whether multinational corporations (MNCs) operating in Portugal and Greece perform differently than domestic firms. Departures from normality of firms’ profitability motivated...
This paper examines Board pay for a sample of 571 U.K. SMEs from 1991 to 1995. Approximately half of the sample were closely-held (i.e., owner-managed) firms which allowed empirical testing of models ...
We examine how the legal protection of outside shareholders and the appropriative costs that they induce influence the incentives for private firms to go public.A higher degree of protection of shareh...
Acurious ownership structure is found in Northern Europe—foundations that own and operate business companies. The foundations are non-profit entities, they have no members and no owners, and they cann...
This paper is concerned with the set of mutual relationships between firm valuation and investment, and with the possible endogeneity of ownership structure. In order to deal with them properly, we a...
This paper addresses the possibilities to introduce the stakeholder model in the firm, especially the possibility to give property or decision rights to stakeholders. This paper argues that it is not ...
The ownership of German corporations is quite different today from that of Anglo- American firms. How did this come about? To what extent is it attributable to regulation? A specially constructed dat...

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