Descriptives of Corporate Ownership Structures

Abstract

In this chapter, we assess the ownership characteristics for the companies in our sample. For this, we do not only use ownership concentration measures such as the Herfindahl–Hirschman index but also voting power measures since ownership and voting power are not necessarily equivalent. We find that, in line with previous studies, ownership concentration and voting power of large shareholders is generally higher in continental European countries, which has important implications for corporate governance.

Citation

Lafarre, A. (2017), "Descriptives of Corporate Ownership Structures", The AGM in Europe, Emerald Publishing Limited, Leeds, pp. 119-136. https://doi.org/10.1108/978-1-78743-533-920171008