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Estimating the Effects of Large Shareholders Using a Geographic Instrument
16 references·12 citing·36 second hop
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 2002Illiquidity and stock returns: cross-section and time-series effects10,008 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 2005How do family ownership, control and management affect firm value?4,190 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited

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  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • Cited by

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    • 2024Corporate responses to stock price fragility34 cited
    • 2013Corporate Governance and Firm’s Performance: Empirical Evidence from Vietnam31 cited
    • 2018Impact Of Corporate Governance On Firm s Financial Performance (A Comparative Study Of Developed And Non Developed Markets)29 cited
    • 2010The Relationship Between Corporate Governance and Company Performance in Concentrated Ownership Systems: the Case of Germany25 cited
    • 2010Seasoned Equity Offerings and Customer-Supplier Relationships20 cited