[PDF] Top 20 Concentration of ownership and corporate performance: evidence from the Zagreb Stock Exchange

... value of the coeficient (below 1) implies that the value of irm’s assets is greater than is recognized by the market, and the stock is ...that the ... See full document

... highlight the fact that perhaps the good governance could also go over the widely-held firms, composition of the board, type of directors and focus on reshaping case by ... See full document

... that the presence of large shareholders can benefit minority shareholders by monitoring the actions of managers, consequently reduce profit diversion ...Shleifer and Vishny, ...outcomes ... See full document

... Cheung and Lee (1995), the advantages of listing a company's stock on a foreign exchange to reach better global market integration have been examined, ...explained the effect ... See full document

... ensure the maximization of the firm performance to maintain their job (Fama and Jensen, 1983; Agrawal and Knoeber, 1996; Nickel et ...to the firm or increase debt, in ... See full document

... find the relationship between discretionary accruals quality as well as innate accruals quality and portion of non-executive board of directors, concentration of ownership ... See full document

... social and environmental disclosure index was measured through lexical analysis, based on the data search and counting the presence of 75 key words and expressions related to ... See full document

... statement: The inflows of foreign direct investment are important sources of finance for developing ...to the increase in the amount of the international flows of ... See full document

... drawn from 22 countries and Tobin‟s Q as a proxy for financial performance and they find that higher levels of CSR disclosure are value added for ...to the other studies ... See full document

... structure of different sectors of industries listed on TSE. They used the financial information of 107 selected companies from 18 various industries listed on TSE over the period ... See full document

... to ownership structures, convergence came mostly from the opposite direction: while dispersed ownership remains rare in emerging markets, there has been a visible trend toward concentrated ... See full document

... (ROE) and data on financial assets and liabilities; 3) to test which set of data has a stronger impact on ROE: RAS or IFRS? The impact of the IFRS adoption has been measured ... See full document

... groups of investors) have been a long-standing concern to securities regulators and at the core of ...managers and external information users help managers use their discretion in ... See full document

... During the past few years, there have been growing interests among researchers to study the effect of block share ownership on corporate earning especially in developing ...countries. ... See full document

... labor and capital used to be considered the most valuable assets in ...considered the main determinants of the performance of any economic ...However, the fast ... See full document

... investigated the effect of ownership concentration on firm performance based on panel data for companies listed on the Budapest Stock Exchange, where ... See full document

... on the profitability of short term and medium-term momentum and contrarian impact in Chinese capital ...market. The result of their survey indicated that the momentum ... See full document

... bank ownership can present significant economies of scope that may be vital to particular stages of national ...deteriorating the company‘s value (Macey and Miller, 1997). The ... See full document

... Omran (2009) Shareholder identity; Private property, concentration of ownership Concentration and a greater presence of external advisors exert of ownership; Nature a posi[r] ... See full document

... observe from the results of ...return and value ...between the return of value portfolios and market return during the bear ...demonstrates the results ... See full document