메뉴 건너뛰기




Volumn 19, Issue 12, 2009, Pages 955-974

Concentrated control and corporate value: A comparative analysis of single and dual class structures in Canada

Author keywords

[No Author keywords available]

Indexed keywords

COMPARATIVE STUDY; CORPORATE STRATEGY; EMPIRICAL ANALYSIS; ESTIMATION METHOD; FIRM OWNERSHIP; INDUSTRIAL PRACTICE; INDUSTRIAL STRUCTURE; TESTING METHOD; THEORETICAL STUDY;

EID: 67650290599     PISSN: 09603107     EISSN: 14664305     Source Type: Journal    
DOI: 10.1080/09603100802599498     Document Type: Article
Times cited : (13)

References (25)
  • 1
    • 0042908914 scopus 로고    scopus 로고
    • Dual class firms: Capitalization, ownership structure and recapitalization back into single class
    • Amoako-Adu, B. and Smith, BF (2001) Dual class firms: Capitalization, ownership structure and recapitalization back into single class. Journal of Banking and Finance, 25, pp. 1083-1111.
    • (2001) Journal of Banking and Finance , vol.25 , pp. 1083-1111
    • Amoako-Adu, B.1    Smith, B.F.2
  • 2
    • 0000087177 scopus 로고    scopus 로고
    • Stock pyramids, cross-ownership and dual class equity: The mechanisms and agency costs of separating control and cash-flow rights
    • National Bureau of Economic Research, The University of Chicago Press, Chicago
    • Bebchuk, LA, Kraakman, R. and Triantis, GG (2000) Stock pyramids, cross-ownership and dual class equity: The mechanisms and agency costs of separating control and cash-flow rights. Concentrated Corporate Ownership, pp. 445-460. National Bureau of Economic Research, The University of Chicago Press, Chicago
    • (2000) Concentrated Corporate Ownership , pp. 445-460
    • Bebchuk, L.A.1    Kraakman, R.2    Triantis, G.G.3
  • 4
  • 5
    • 0000200532 scopus 로고    scopus 로고
    • Disentangling the incentive and entrepreneurial effects of large shareholdings
    • Claessens, S., Djankov, S., Fan, JPH and Lang, LHP (2002) Disentangling the incentive and entrepreneurial effects of large shareholdings. Journal of Finance, 57, pp. 2741-2771.
    • (2002) Journal of Finance , vol.57 , pp. 2741-2771
    • Claessens, S.1    Djankov, S.2    Fan, J.P.H.3    Lang, L.H.P.4
  • 6
    • 46549097703 scopus 로고    scopus 로고
    • A study of public corporations with dual classes of common stock
    • DeAngelo, H. and DeAngelo, L. (2001) A study of public corporations with dual classes of common stock. Journal of Financial Economics, 14, pp. 33-69.
    • (2001) Journal of Financial Economics , vol.14 , pp. 33-69
    • DeAngelo, H.1    DeAngelo, L.2
  • 7
    • 84935941592 scopus 로고
    • The structure of corporate ownership: Causes and consequences
    • Demsetz, H. and Lehn, K. (1985) The structure of corporate ownership: causes and consequences. Journal of Political Economy, 93, pp. 1155-1177.
    • (1985) Journal of Political Economy , vol.93 , pp. 1155-1177
    • Demsetz, H.1    Lehn, K.2
  • 8
    • 0000840371 scopus 로고    scopus 로고
    • Ownership structure and corporate performance
    • Demsetz, H. and Villalonga, B. (2001) Ownership structure and corporate performance. Journal of Corporate Finance, 7, pp. 209-233.
    • (2001) Journal of Corporate Finance , vol.7 , pp. 209-233
    • Demsetz, H.1    Villalonga, B.2
  • 10
    • 0040790529 scopus 로고    scopus 로고
    • Going public without governance: Managerial reputation effects
    • Gomes, A. (2000) Going public without governance: Managerial reputation effects. Journal of Finance, 55, pp. 615-646.
    • (2000) Journal of Finance , vol.55 , pp. 615-646
    • Gomes, A.1
  • 11
    • 31144433916 scopus 로고    scopus 로고
    • Incentives versus control: Analysis of US dual-class companies
    • NBER Working Article Series
    • Gompers, P., Ishii, J. and Metrick, A. (2004) Incentives versus control: analysis of US dual-class companies. NBER Working Article Series
    • (2004)
    • Gompers, P.1    Ishii, J.2    Metrick, A.3
  • 13
  • 14
    • 0000712212 scopus 로고    scopus 로고
    • Understanding the determinants of managerial ownership and the link between ownership and performance
    • Himmelberg, CP, Hubbard, RG and Palia, D. (1999) Understanding the determinants of managerial ownership and the link between ownership and performance. Journal of Financial Economics, 53, pp. 353-384.
    • (1999) Journal of Financial Economics , vol.53 , pp. 353-384
    • Himmelberg, C.P.1    Hubbard, R.G.2    Palia, D.3
  • 15
    • 0007127129 scopus 로고    scopus 로고
    • Were the good old days that good? Changes in the managerial stock ownership since the great depression
    • Holderness, C., Kroszner, R. and Sheehan, D. (1999) Were the good old days that good? Changes in the managerial stock ownership since the great depression. Journal of Finance, 54, pp. 435-469.
    • (1999) Journal of Finance , vol.54 , pp. 435-469
    • Holderness, C.1    Kroszner, R.2    Sheehan, D.3
  • 16
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs and capital structure
    • Jensen, MC and Meckling, W. (1976) Theory of the firm: Managerial behavior, agency costs and capital structure. Journal of Financial Economics, 3, pp. 305-360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.2
  • 18
  • 19
    • 33645896609 scopus 로고
    • Management ownership and market valuation: An empirical analysis
    • Morck, R., Shleifer, A. and Vishny, R. (1988) Management ownership and market valuation: An empirical analysis. Journal of Financial Economics, 20, pp. 293-316.
    • (1988) Journal of Financial Economics , vol.20 , pp. 293-316
    • Morck, R.1    Shleifer, A.2    Vishny, R.3
  • 20
    • 0003293001 scopus 로고    scopus 로고
    • Inherited wealth, corporate control, and economic growth
    • National Bureau of Economic Research, University of Chicago Press, Chicago
    • Morck, R., Strangeland, D. and Yeung, B. (2000) Inherited wealth, corporate control, and economic growth. Concentrated Corporate Ownership, pp. 319-369. National Bureau of Economic Research, University of Chicago Press, Chicago
    • (2000) Concentrated Corporate Ownership , pp. 319-369
    • Morck, R.1    Strangeland, D.2    Yeung, B.3
  • 21
    • 0012533256 scopus 로고    scopus 로고
    • The value of corporate voting rights and control: A cross-country analysis
    • Nenova, T. (2003) The value of corporate voting rights and control: A cross-country analysis. Journal of Financial Economics, 68, pp. 325-351.
    • (2003) Journal of Financial Economics , vol.68 , pp. 325-351
    • Nenova, T.1
  • 22
    • 33746732934 scopus 로고    scopus 로고
    • Board composition and earnings management in Canada
    • Park, YW and Shin, H-H (2003) Board composition and earnings management in Canada. Journal of Corporate Finance, 185, pp. 1-27.
    • (2003) Journal of Corporate Finance , vol.185 , pp. 1-27
    • Park, Y.W.1    Shin, H.-H.2
  • 24
    • 23944437887 scopus 로고    scopus 로고
    • The limits of financial globalization
    • Stultz, RM (2005) The limits of financial globalization. Journal of Finance, 60, pp. 1595-1638.
    • (2005) Journal of Finance , vol.60 , pp. 1595-1638
    • Stultz, R.M.1
  • 25
    • 0003300715 scopus 로고    scopus 로고
    • Understanding the determinants of managerial ownership and the link between ownership and performance: Comment
    • Zhou, X. (2001) Understanding the determinants of managerial ownership and the link between ownership and performance: Comment. Journal of Financial Economics, 62, pp. 559-571.
    • (2001) Journal of Financial Economics , vol.62 , pp. 559-571
    • Zhou, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.