Original scientific paper
https://doi.org/10.1080/1331677X.2019.1678499
Ultimate owner and risk of company performance
Full text: english pdf 1.778 Kb
page 3795-3812
downloads: 546
cite
APA 6th Edition
(2019). Ultimate owner and risk of company performance. Economic research - Ekonomska istraživanja, 32 (1), 3795-3812. https://doi.org/10.1080/1331677X.2019.1678499
MLA 8th Edition
"Ultimate owner and risk of company performance." Economic research - Ekonomska istraživanja, vol. 32, no. 1, 2019, pp. 3795-3812. https://doi.org/10.1080/1331677X.2019.1678499. Accessed 12 Sep. 2024.
Chicago 17th Edition
"Ultimate owner and risk of company performance." Economic research - Ekonomska istraživanja 32, no. 1 (2019): 3795-3812. https://doi.org/10.1080/1331677X.2019.1678499
Harvard
(2019). 'Ultimate owner and risk of company performance', Economic research - Ekonomska istraživanja, 32(1), pp. 3795-3812. https://doi.org/10.1080/1331677X.2019.1678499
Vancouver
Ultimate owner and risk of company performance. Economic research - Ekonomska istraživanja [Internet]. 2019 [cited 2024 September 12];32(1):3795-3812. https://doi.org/10.1080/1331677X.2019.1678499
IEEE
"Ultimate owner and risk of company performance", Economic research - Ekonomska istraživanja, vol.32, no. 1, pp. 3795-3812, 2019. [Online]. https://doi.org/10.1080/1331677X.2019.1678499
Abstract
The purpose of this paper is to investigate the links between a company’s ultimate owner and the risk involved with financial performance. The study tests hypotheses on the relation between ultimate ownership origin and risk of return on assets. The research adopts cross-sectional data from a unique sample of 32,614 companies across 43 European countries with ultimate owners from 105 countries. The results indicate that the domestic ultimate owner is, in general, less likely to be a risk-taker than overseas investors. The research develops the nature of ownership- performance relations in the specific economic context of Europe. The results add robust evidence on attitudes towards performance risk of Europe wide ultimate owners
Keywords
ownership structure; corporate governance; ownership; concentration; risk
Hrčak ID:
229710
URI
https://hrcak.srce.hr/229710
Publication date:
22.1.2019.
Visits: 1.024
*