Munich Personal RePEc Archive

Corporate Ownership: Some International Evidence

Alves, Paulo (2010): Corporate Ownership: Some International Evidence. Published in: International Research Journal of Finance and Economics No. 41 (2010): pp. 93-104.

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In this research we evaluate how corporate ownership around the world is defined and which variables, related to a firm’s characteristics and the countries’ infrastructures, influences this. We find that there are a small number of countries where firms present a lower percentage of block holdings. We find that firm’s size is the most important determinant of block holdings worldwide, although some variables related with the quality of enforcement also play a crucial role.

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