Based on the data of China's A-share listed companies from 2007 to 2020, this paper studies impact common institutional ownership corporate cash holdings. The results show that can significantly reduce level Further analysis shows internal governance mechanism will regulate relationship between and In enterprises without executive equity incentive, have a stronger inhibitory effect

This paper analyses the effect of family ownership and characteristics board directors on risk assumed by Spanish non-financial companies. The sample consists 176 companies listed stock exchanges during period 2012–2015. results show that level concentration affects exposure to non-linearly confirms importance in risk-taking.

It is often observed that in order to serve the domestic market, foreign firms not only export but also control domestic firms through foreign direct investment (FDI). This paper examines the effects of tariffs, production subsidies, and foreign ownership regulation on prices, outputs, profits, and welfare when both exports and FDI coexist. Cross-border ownership on the basis of both financial ...

The ownership structures of firms are endogenous. This makes it difficult to produce w direct evidence on the Berle and Means Berle, A.A., Means, G.C., 1932. The Modern x Corporation and Private Property, New York. hypothesis that corporate governance becomes less efficient as the degree of separation of ownership and control increases. We address this issue by studying Austrian cooperative ban...