Advertisement

Empirical Analyses

Part of the Contributions to Economics book series (CE)

Keywords

Endogenous Variable Institutional Investor Minority Shareholder Institutional Ownership Large Shareholder 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 2.
    For a more detailed elaboration on both tests see Davidson/MacKinnon [1993, Chapter 7.9, pp. 237–240] and Nakamura/Nakamura [1981]. Generally both methods test the ols assumption of a zero correlation between explanatory variables and error terms.Google Scholar
  2. 3.
    See Browne/Cudeck [1993, p. 144] and Steiger [1990].Google Scholar
  3. 4.
    See Arbuckle [1999, pp. 409–411] and Hair et al. [1998, pp. 650–657].Google Scholar
  4. 12.
    See Himmelberg et al. [1999, p. 364].Google Scholar
  5. 44.
    For a non-monotonous relation see for example Brailsford et al. [2002], Chen et al. [1993], Chen/Ho [2000], Cho [1998], Cleary [2000], Cui/Mak [2002], Gugler et al. [2003b], Hermalin/Weisbach [1991], Hubbard/Palia [1995], Kole [1996], Mørck et al. [1988], Mudambi/Nicosia [1998], Short/Keasey [1999], Short et al. [2002a, 1994], Stulz [1988], and Welch [2003].Google Scholar

Copyright information

© Physica-Verlag Heidelberg 2007

Personalised recommendations