We analyze the effects of different types and concentration of ownership on performance using a population of firms in a model transition economy (Czech Republic) after mass privatization. Specifications based on first-differences combined with instrumental variables show that contrary to conventional wisdom, the effects of different types of ownership and ownership changes are limited. Concent...

Multiple ownership [4] introduced a novel approach to managing object ownership information called “owners-as-boxes”. Each object is placed in a “box” or context and the nesting relationship between “boxes” or contexts respects the object accesses that happen during the program’s execution. No restrictions are placed on which objects are allowed to access which other objects, rather the ownersh...

In this study, the impact of corporate social responsibility (CSR ) disclosure on idiosyncratic risk has been investigated concerning three stakeholder theory, information asymmetry, and risk management. It also goes further and explores the impact of some corporate governance mechanisms such as ownership structure, board characteristics, and incentive contracts on this relationship. To achieve...

In this paper, we investigate if dividend policy is influenced by ownership type. Within the dividend literature, dividends have a signaling role regarding agency costs, such that dividends may diminish insider conflicts (reduce free cash flow) or may be used to extract cash from firms (tunneling effect) – which could be predominant in emerging markets. We expect firms with foreign ownership an...

the endowing means withholding of corpus of property and consumering its benefits for good aims. endowing is a legal act but there are differences about its nature. some of islamic jurists believe that it is a unilateral act and others believe that it is a contract. there are also differences about state of ownership of endowed property: some of islamic jurists believe that settler of endowment...

Psychological ownership is rarely considered in health discourse related to chronic illness or disease state. Construction of identity is an important consideration within this framework. This autoethnographic study explores psychological ownership and identity related to prostate cancer and chronic illness. Conclusions about the nature of psychological ownership and identity were gathered from...

This study investigates how corporate governance characteristics affect earnings management of firms in Vietnam. In particular, we examine whether firm’s use of discretionary accruals is influenced by board size, state ownership and foreign ownership. Our empirical analysis is based on a relatively large sample of 570 non-financial Vietnamese listed firms from 2010 to 2014. We find that larger ...