We study the factors that induce asset managers to hold both equity and bond positions in the same company (“twin ownership”), as well as the corporate finance implications of such a joint ownmership for the firms they hold. We show that twin ownership is determined by a tradeoff between the benefits of information acquisition and greater monitoring/enforcing that an equity stake confers to a b...

The authors studied and analyzed various concepts and approaches to company value management. They described the advantages and disadvantages of the leading traditional approaches to assessing the value of an enterprise and proposed a model of the dynamics of the company's value, taking into account the ownership structure, explaining the mechanism of the influence of the company's ownership st...

BACKGROUND Research on the health outcomes of globalisation and economic transition has yielded conflicting results, partly due to methodological and data limitations. Specifically, the outcomes of changes in foreign investment and state ownership need to be examined using multilevel data, linking macro-effects and micro-effects. We exploited the natural experiment offered by the Hungarian econ...

How the company is conceptualized has important implications for employees. Divergent theoretical approaches towards the company are synthesized below to form three models: the ownership, nexus of contracts, and social institution models. The first two endorse current UK corporate governance practice, in which companies are run for the ultimate benefit of their shareholders, who have the exclus...

This paper provides an overview of current U.S. practices and research findings concerning key consequences of executive ownership and stock option grants. Logic and some empirical findings suggest that the consequences of the level of executive ownership and the size of stock option grants have non-monotic relationships to firm performance. The size of option grants now typical in the U.S. is ...

In this study, we examined the correlates of individual employee satisfaction with stock ownership in a sample of 37 employee stock ownership plan (ESOP) companies. The results indicated that ESOP satisfaction is a function of five factors: (a) characteristics of the company ESOP, (b) employee status within the ESOP, (c) employee values, (d) interactions between employee and ESOP characteristic...

Employee ownership is linked to better company performance on average. Employee ownership companies have more stability, higher survival rates, and fewer layoffs in recessions, potentially leading to lower unemployment in the overall economy. Employer stock tends to come on top of, rather than substitute for, regular employee compensation, and thereby adds to pay and wealth in general. The broa...

BACKGROUND Describe the prevalence and types of conflicts of interest (COI) in published randomized controlled trials (RCTs) in general medical journals with a binary primary outcome and assess the association between conflicts of interest and favorable outcome. METHODS Parallel-group RCTs with a binary primary outcome published in three general medical journals during 2013-2015 were identifi...

This research aims to examine the effect of return on equity, firm size, and institutional ownership value. The population in this study is manufacturing companies listed Indonesia Stock Exchange (IDX) for 2019-2021 period. Based purposive sampling method there are 148 final samples from study. analytical used statistical analysis form multiple linear regression tests. results indicate that Ret...