The Effect of Private Benefits of Control on Minority Shareholders: A Theoretical Model and Empirical Evidence from State Ownership
Purpose: The purpose of this paper is to examine the effect of private benefits of control on minority shareholders. Design/methodology/approach: A theoretical model is established. The empirical analysis includes hand-collected data from a wide range of data sources. OLS and 2SLS regression analysi...
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| Format: | Article |
| Language: | English |
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Eastern Macedonia and Thrace Institute of Technology
2017-06-01
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| Series: | International Journal of Business and Economic Sciences Applied Research |
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| Online Access: | http://ijbesar.teiemt.gr/docs/volume10_issue2/private_benefits_control_minority_shareholders.pdf |