Insider Ownership and the Value of the Bucharest Stock Exchange Listed Companies: Convergence-of-Interest or Entrenchment Effect?

The aim of this paper is to provide empirical evidence regarding the effect of insider ownership on firm value which stems from the lack of such study for the case of Romania. By using a sample of companies listed on the Bucharest Stock Exchange, over the period 2007-2011, our results showed a negat...

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Bibliographic Details
Main Authors: Georgeta Vintila, Stefan Cristian Gherghina
Format: Article
Language:English
Published: EconJournals 2014-03-01
Series:International Journal of Economics and Financial Issues
Subjects:
Online Access:https://dergipark.org.tr/tr/pub/ijefi/issue/31961/351991?publisher=http-www-cag-edu-tr-ilhan-ozturk