726
Views
31
CrossRef citations to date
0
Altmetric
Original Articles

The controlling shareholder's personal leverage and firm performance

&
Pages 1059-1075 | Published online: 05 Apr 2011

References

  • Bebchuk , L , Reinier , K and George , T . 1998 . Stock pyramids, cross-ownership, and dual class equity: the creation and agency costs of separating control from cash flow rights , National Bureau of Economic Research . Working Paper
  • Berle , A and Gardiner , M . 1932 . The Modern Corporation and Private Property , New York, , NY : MacMillan .
  • Claessens , S , Simeon , D , Joseph , F and Lang , LHP . 2002 . Disentangling the incentive and entrenchment effects of large shareholdings . Journal of Finance , 57 : 2741
  • Claessens , S , Simeon , D and Lang , LHP . 2000 . The separation of ownership and control in east Asian corporations . Journal of Financial Economics , 58 : 81 – 112 .
  • Faccio , M and Lang , LHP . 2002 . The ultimate ownership of Western European corporations . Journal of Financial Economics , 65 : 365 – 95 .
  • Galai , D and Ronald , M . 1976 . The option pricing model and the risk factor of stock . Journal of Financial Economics , 3 : 53 – 81 .
  • Jensen , MC . 1986 . Agency costs of free cash flow, corporate finance, and takeovers . American Economic Review , 76 : 323 – 9 .
  • Jensen , MC and William , M . 1976 . Theory of the firm: managerial behaviour, agency costs, and capital structure . Journal of Financial Economics , 3 : 305 – 60 .
  • Morck , R , Andrei , S and Vishny , RW . 1988 . Management ownership and market valuation: an empirical analysis . Journal of Financial Economics , 20 : 293 – 315 .
  • La Porta , R , Lopez-de-Silanes , F and Shleifer , A . 1999 . Corporate ownership around the world . Journal of Finance , 54 : 471 – 517 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.