Ownership Structure and Firm Performance: An Analysis of Publicly Listed Firms in The Netherlands

作者: Mathijs Coenen

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摘要: This study’s main goal is to find an answer the question what effect ownership structure of Dutch publicly listed firms have on their performance. It was expected that there a positive at first, but this would become negative when becomes too concentrated. relationship tested by calculating concentration levels for using two measures concentration: share capital held five largest shareholders and shareholder. Firm performance measured three variables: ROA MBV ratios Sales Growth. The identity also examined. results regression analyses show not lot statistically significant evidence available supports view structures large firm Statistically found, however, after adjusting original models during robustness checks.

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