ownership structure and performance

What is it about?

Agency theory, Corporate governance, Firm value, Iran, Ownership concentration, Ownership structure

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Why is it important?

The study builds on prior research in several ways. First, the paper offers new insights into the relationship between corporate governance and economic performance by using data from Iranians listed firms, this new evidence from an emerging market enhances the understanding of corporate governance in Asian countries. Second, the study focuses on five dimensions: ownership concentration, state, firm, individual, family, and institutional ownership which allow one to get a more accurate picture o