Artikel

Corporate governance, illiquidity, and valuation issues in privately-owned corporations

Investors in private corporations face unique problems relating to corporate control, illiquidity and valuation of securities. In this research, we survey a large sample of US corporations. Our sample includes both private and public firms. Major findings of our research are as follows: Private firms use written shareholder agreements for safeguarding ownership interests and dividend payments. Family owned firms dominate the ownership structure of private firms. Insiders of private firms own a much larger proportion of common stock than insiders in public firms, and the CEOs of private firms often happen to be the largest stockholders.

Sprache
Englisch

Erschienen in
Journal: Journal of Entrepreneurial Finance, JEF ; ISSN: 1551-9570 ; Volume: 8 ; Year: 2003 ; Issue: 1 ; Pages: 1-27 ; Montrose, CA: The Academy of Entrepreneurial Finance (AEF)

Klassifikation
Management

Ereignis
Geistige Schöpfung
(wer)
Bathala, Chenchuramaiah T.
Bowlin, Oswald D.
Dukes, William P.
Ereignis
Veröffentlichung
(wer)
The Academy of Entrepreneurial Finance (AEF)
(wo)
Montrose, CA
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Bathala, Chenchuramaiah T.
  • Bowlin, Oswald D.
  • Dukes, William P.
  • The Academy of Entrepreneurial Finance (AEF)

Entstanden

  • 2003

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