State Ownership and Corruption

For instance, although concentrated ownership by institutional owners can bring a positive effect on firm performance (Elyasiani and Jia, 2010), inappropriate level of

which the parent-firm and subsidiary belong. Some industries in various countries limit foreign equity participations. In that case, the ownership strategy is

Furthermore, this study documents a moderating role of firm size in the relationship between state shareholding and the performance of firms with higher state ownership

This means that even after controlling for the impact of firm and industry specific characteristics, state ownership has a positive impact on the OTE of a firm in the refinery

This study examines the effect of foreign ownership structure and commissioners on HRA disclosure and uses firm characteristics as control variables.. Ownership

Offshore debt financing mediate the relationship between foreign ownership structure and firm value, profitability affects the firm value, liquidity has no effect to the firm

Our results indicate that the combination and interaction of different ownerships are meaningful, as residual state ownership is positively related with external finance by

This study uses party platforms to assess the degree of independence between state and national political parties in the United States in light of issue ownership theory and