Purpose – This study examines whether the type of ultimate controllers (i.e., private vs. state) affects corporate disclosure quality and whether the relationship between the type of ultimate controllers and corporate disclosure quality is moderated by the separation of ownership and control. Design/methodology/approach – This study employs the data of 405 Chinese listed firms in 2005. We revie...

Through quantitative analysis of ownership relations among the “Top 200” firms and the top 25 banks in Hungary at two points in time during the 1990s, we extend the notion of recombinant property from the level of the individual enterprise to that of networks of firms. We couple network analysis of firms’ “portfolios of owners” with investigation of the manipulation of diverse economic strategi...

The rise of bioinformatics is a direct response to the political difficulties faced by genomics in its quest to be a new biomedical innovation, and the value of bioinformatics lies in its role as the bridge between the promise of genomics and its realization in the form of health benefits. Western scientific elites are able to use their close relationship with the state to control and facilitat...

During the 1980s, the pendulum swung back from the socialism doctrinaire that dominated the post war period, where public ownership of the productive and services sectors was emphasized. In the early 1980s, new values emerged questioning the role of the state in economic activities. As a result, the pressures mounted to shift to market economy and to rely on private initiatives to spearhead the...

This article argues that inter-state disputes regarding the ownership of art heritage are not of prime importance from a societal perspective. Seeking to establish “legitimate ownership” absorbs much time and effort but is not always successful because it involves many political aspects beyond the purely legal realm. Even in situations where “legitimate ownership” is indeed identifiable, the re...

Modern object-oriented languages support many techniques that simplify the work of a programmer. Among them is type genericity — an ability to create generic descriptions of algorithms and object structures that will be automatically specialised by supplying type information at run time. On the other hand, object-oriented technologies still suffer from bad effects of aliasing— a case of many ob...

Self-perception depends on the brain's abilities to differentiate our body from the environment and to distinguish between the sensations generated as a consequence of voluntary movement and those arising from events in the external world. The first process refers to the sense of ownership of our body and relies on the dynamic integration of multisensory (afferent) signals. The second process d...

In many industrial countries, ownership rates of risky assets have risen substantially over the past decade. This trend has potentially wide–ranging implications for the intertemporal and cross–sectional allocation of risk, and for the macro economy, establishing the need for understanding ownership dynamics at the micro level. This paper offers one of the first such analyses using representati...

the aim of this paper is to identify and analyses the influence of shareholder ownership identity on payout ratio for a panel of iran firms from 2002 to 2008. we found that there is a significant positive correlation between institutional ownership and payout ratio. the relation between payout ratio and individual ownership is negative. the most finding of the study indicates that iranian compa...