Blockholder ownership may increase firm value because of incentive alignment or lower it because of expropriation of minority investors. Dividend policy provides a way to distinguish between the two effects since large owners may prefer low dividends if they derive private benefits from controlling firms, while minority investors may prefer high dividends that benefit all shareholders. I examin...

This article presents cross-country comparisons of trends in for-profit nursing home chains in Canada, Norway, Sweden, United Kingdom, and the United States. Using public and private industry reports, the study describes ownership, corporate strategies, costs, and quality of the 5 largest for-profit chains in each country. The findings show that large for-profit nursing home chains are increasi...

Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises Market-oriented economic reform has given great autonomy to firm managers in terms of decision making. Nevertheless, properties are still owned by different levels of governments in the ...

This study investigates how the effects of government and foreign bank ownership on private credit vary in cases Islamic conventional banks using data extended from Claessens van Horen (2014) 29 dual banking countries 1995 to 2017. In support political view financial development, we find that presence state-owned seem be slightly less harmful flows than their peers, particularly period after gl...

Problem, research strategy, and findings Several U.S. cities have implemented vacant lot greening programs as planning strategies to address decreased tax base, crime, other issues associated with high land vacancy in marginalized neighborhoods, yet little is known about the benefits of that transfer city-owned lots private owners. Using a mixed methods approach, we studied whether how ownershi...