Traditional theories argue that governance is strongest under a single large blockholder, as
she has high incentives to undertake value-enhancing interventions. However, most firms …

Multiple blockholder structures are a widespread phenomenon in the US The theoretical
literature, however, provides conflicting predictions on whether a single large blockholder or …

Theoretical/Academic Implications: We interpret these findings as evidence that in firms
featuring a dominant shareholder with the power and incentives to extract private benefits of …

Previous research argues that large noncontrolling shareholders enhance firm value
because they deter expropriation by the controlling shareholder. We propose that the …

Purpose This paper aims to examine the influence of corporate governance mechanisms on
the extent of intellectual capital (IC) disclosure among companies listed on the Kuwait Stock …

Proponents of minority shareholder protection state that national legal institutions protecting
small investors boost stock markets and, in turn, the long-term performance of countries. In …

Markus P. Urban investigates the influence of large shareholders (the so-called
blockholders) on agency costs and firm value, thereby accounting for blockholder …

This paper investigates if the existence of complex structures plays an important role in
corporate governance. It uses GMM estimation on a panel of Western European firms. We …

This study investigated the relationship between capital structure, performance and
replacement of chief executive officer in firms listed on the Nairobi Securities Exchange …

This study extends the growing body of research that explores the relationship between
corporate governance compliance and the performance of the firm by examining the …