Agroecological transitions in the Global North are inhibited by cultural and legal norms of a ‘ownership model’ property that underpins agrarian capitalism. The resulting system limits asset transfers to agroecological regimes co-produces technologically oriented reforms. Scotland’s land reforms emergent interventions reshape ownership within Western context. By examining manoeuvres, mobilizing...

We develop a multi-asset trading model to examine the closed-end fund discount. The model shows that the discount can arise if the quality of private information in the underlying assets is sufficiently better than in the fund. The model also indicates that a discount (premium) can arise if the excessive volatility of the fund dominates (is dominated by) the fund’s diversification benefit. More...

The aim of this research was examine and analyze the effect ofownership structure, capital structureand company size on corporate financial performance.The performance in study is measured using Return Asset (ROA) ownership structureas by managerial ownership, Debt Equity Ratio (DER) sizeas total assets. sample used 20 companies from a population 54 property, real estate building construction t...

We analyze the impact of factors related to corporate governance (i.e., compensation, monitoring, and ownership structure) on risk taking in the insurance industry. We measure asset, product, and financial risk in insurance companies and employ a structural equation model in which corporate governance is modeled as latent factor. Based on this model, we present empirical evidence on the link be...

This paper examined the impact of profitability, leverage, management ownership, and dividend payout ratio on income smoothing companies listed in IDX range 2015-2020 based Eckel Index. The lower Index higher intensity vice versa. hypothesis proposed were tested by a multiple regression analysis. research concluded that return asset, debt to capital ratio, have significant positive impacts It i...

We exploit a historical setting that offers an unusually clean test of the relationship between asset ownership and management incentives: captain-ownership of vessels engaged in transatlantic shipping during the 18th century. Although contingent compensation aligned incentives between captains and shipowners regarding most events, there existed one hazard that could not easily be managed by co...

Berle and Means (1932) claimed that “modern” corporations in the United States had diffuse ownership. Their claim characterizes regulated electric utilities until the mid1990s. But following the 1992 EPACT deregulation, block ownership in utilities increased sharply, relative to a matched sample of non-utilities, which already had large blocks by the 90s. The post-EPACT blocks in utilities were...