Gugler, Klaus, Weigand, Jürgen. 2003. Is Ownership Really Endogenous?. Applied Economics Letters 10 (8): 483-486.
BibTeX
Abstract
We find for a large panel of US firms that managerial ownership is (econometrically)endogenous as Himmelberg, Hubbard and Palia (1999) found. The largest shareholder, however, affects performance exogenously. This also holds for German firms.
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| Status of publication | Published |
|---|---|
| Affiliation | WU |
| Type of publication | Journal article |
| Journal | Applied Economics Letters |
| Citation Index | SSCI |
| WU Journalrating 2009 | A |
| Language | English |
| Title | Is Ownership Really Endogenous? |
| Volume | 10 |
| Number | 8 |
| Year | 2003 |
| Page from | 483 |
| Page to | 486 |
Associations
- People
- Gugler, Klaus (Details)
- External
- Weigand, Jürgen (WHU - Otto Beisheim School of Management, Germany)
- Organization
- Research Institute for Regulatory Economics FI (Details)
- Department of Economics (Gugler) (Details)