Quotation Gugler, Klaus, Weigand, Jürgen. 2003. Is Ownership Really Endogenous?. Applied Economics Letters 10 (8): 483-486.


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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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Publication's profile

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)
Institute for Quantitative Economics IN (Details)
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