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.
- Language
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Englisch
- Bibliographic citation
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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)
- Classification
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Management
- Event
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Geistige Schöpfung
- (who)
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Bathala, Chenchuramaiah T.
Bowlin, Oswald D.
Dukes, William P.
- Event
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Veröffentlichung
- (who)
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The Academy of Entrepreneurial Finance (AEF)
- (where)
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Montrose, CA
- (when)
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2003
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Bathala, Chenchuramaiah T.
- Bowlin, Oswald D.
- Dukes, William P.
- The Academy of Entrepreneurial Finance (AEF)
Time of origin
- 2003
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