ABSTRACT Manuscript type: Empirical Research Question/Issue: This paper analyses the
influence of large shareholders on firm value using a sample of firms from 11 European …

This research analyzes the impact of control by dominant institutional owners (banking
institutions and investment funds) on firm value. The analysis considers the level of voting …

We investigate how family relationship conflict and family and firm name congruence
influence subjective firm valuations by family firm owner-managers. Drawing on the …

Using the law and finance approach we analyze how the ultimate ownership and control
structure influences the performance of Spanish commercial banks during the period 1996 …

Purpose–The purpose of this paper is to add to the understanding of the monitoring role of
multiple large shareholders (MLS) by examining their impact on the informativeness of firms' …

We analyze the determinants of a firm's ownership structure when decisions over risk are
taken by majority vote of risk-averse shareholders. We show that when a fraction of small …

This paper conducts a systematic analysis of the determinants of the relative price difference
between voting and non-voting shares, ie, the “dual-class premium,” within the context of a …

When families are large firm's owners, different shareholders' combinations may appear.
This paper describes Spanish family firms' shareholder structures and explains which first …

ABSTRACT Manuscript Type: Empirical Research Question/Issue: Does recent institutional
shareholder activism have a precedent in the form of (ad hoc) shareholder coalitions that …

We analyse the relation between capital structure, ownership structure, and corporate value
for a sample of 1,216 firms from 15 European countries. Our results stress two different …