rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Equity Ownership and Performance
    sub title: An Empirical Study of German Traded Companies
  name:
    name part: Groß, Kerstin.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2007
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XIII, 373 p. online resource.
  abstract: The basis of all corporate governance considerations is the effect of ownership structure on company performance. While the effects of ownership structure were hypothesized and studied multiple times, previous analyses neglected the endogeneity issue between ownership and performance as well as between different ownership dimensions themselves. Consequently, they failed to yield consistent results. The empirical studies presented in this book model the endogeneity by applying the simultaneous equations methodology on the relation of ownership and financial performance as well as on different ownership dimensions themselves. Its final model comprises a four equations system containing performance, general ownership concentration, managerial and institutional ownership. This approach allows more precise findings and is capable of tracing the different observed ownership effects back to their real origin, which will give much impetus to corporate governance researchers and practitioners.
  table of contents: Basic Aspects of Ownership Structure and Performance -- Theoretical Background and Hypotheses -- Model, Methodology and Data -- Empirical Analyses -- Conclusion.
  note: by Kerstin Groß.
  subject:
    topic: Economic theory
  subject:
    topic: Econometrics
  subject:
    topic: Industrial organization
  subject:
    topic: Macroeconomics
  subject:
    topic: Economics
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  subject:
    topic: Industrial Organization
  subject:
    topic: Economic Theory/Quantitative Economics/Mathematical Methods
  subject:
    topic: Econometrics
  classification: HB172.5
  classification: 339
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Contributions to Economics
  identifier: 9783790819342
  identifier: http://dx.doi.org/10.1007/978-3-7908-1934-2
  record info:
    record creation date: 100301
    record change date: 20151204165242.0
    record identifier: 978-3-7908-1934-2