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Ownership Concentration and Firm Performance on the Romanian RASDAQ Market. An Empirical Study on the Effects of Ownership Concentration on Firm Performance in Romanian Firms

Автор:
мягкая обложка
48 страниц
2008 год
Издательство:  Книга по Требованию
Цена:
2005 руб
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Описание:Furthermore, the second largest blockholder has a negative impact on the firm? s performance and it is U-shaped. RASDAQ market and I determine that there is a positive relationship between the largest blockholder and firm performance and even more this relationship is concave. This study is among the first one to treat this issue for the Romanian market by using econometric evidence to support its conclusions. There is a large body of literature that documents the relationship between the degree of ownership concentration and the firm? s performance. The results are spread among many opinions. I use a complex database, describing 356 firms listed on the Bucharest Stock Exchange ? The purpose of this thesis was to determine whether there is any relationship between ownership concentration and firm performance in Romanian firms.


Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка Orthomol Immun Junior Сила иммунитета на страже Вашего ребенка

2990 руб
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Complete Idiot’s Guide to American History

In the end, Ollie North was convicted on three of 12 criminal counts against him, but the convictions were subsequently set aside on appeal; Poindexter was convicted on five counts of deceiving Congress, but his convictions were also set aside; CIA administrator Clair E. George was indicted for perjury, but his trial ended in mistrial; and Caspar Weinberger was indicted on five counts of lying to Congress. All of those charged were ultimately pardoned by President Reagan’s successor, George Bush. Although the 1994 report of special prosecutor Lawrence E. Walsh scathingly criticized both Reagan and Bush, neither was charged with criminal wrongdoing. Desert Shield and Desert Storm President Reagan’s second term, marred by the Iran-Contra affair, a bumbling performance at the 1986 summit with Mikhail Gorbachev, and the 1987 stock market crash, nevertheless saw the “Teflon president” emerge personally unscathed. Vice President George Bush sailed to easy victory in the presidential race of 1988. Where the “Great Communicator” Reagan had been charismatic, however, Bush was perceived as testy, and, with the economy faltering (the principal issue was high unemployment), his popularity rapidly slipped in the polls ...»

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967 руб
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Analyzing new ways of understanding refugee integration. The work in trade perspective. Case study: The Romanian refugees in Denmark
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