Purpose This paper aims to examine the impact of ownership concentration on Covid-19 disclosure in narrative sections corporate annual reports. It also explores mediating role leverage concentration–Covid-19 relationship. Design/methodology/approach uses automated textual analysis measure applies different regression models test research hypotheses and address endogeneity problem. univariate mu...

Conflicts of interest between insiders (e.g, controlling shareholders) and outsiders (e.g., minority shareholders) are central to the analysis of modern corporation. In an integrated continuous-time contingent claims framework with imperfect corporate governance, we examine a controlling shareholder’s optimal choice of capital structure, ownership concentration, private benefit diversion, consu...