Largest blockholding and firm performance: evidence from an emerging economy

Rashid, Afzalur (2011) Largest blockholding and firm performance: evidence from an emerging economy. International Research Journal of Finance and Economics (65). pp. 25-34. ISSN 1450-2887

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This study aims at examining the relationship between largest blockholding and firm economic performance in Bangladesh, an emerging economy. It is found that there is a significant positive relationship between the largest blockholding and firm performance under both the accounting and market based performance measures. This study reveals that, largest blockholding, by narrowing the gap between ownership and control, allows the blockholder to add value to the firm.

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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Published version deposited in accordance with the copyright policy of the publisher.
Faculty/School / Institute/Centre: Historic - Faculty of Business and Law - School of Accounting, Economics and Finance
Date Deposited: 28 May 2011 12:12
Last Modified: 27 Mar 2018 03:30
Uncontrolled Keywords: agency theory; Bangladesh; corporate governance; emerging economy; ownership; performance
Fields of Research : 14 Economics > 1402 Applied Economics > 140202 Economic Development and Growth
15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150205 Investment and Risk Management
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150303 Corporate Governance and Stakeholder Engagement
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970115 Expanding Knowledge in Commerce, Management, Tourism and Services

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