Artikel
Ownership concentration, corporate risk-taking and performance: Evidence from Vietnamese listed firms
This study examines the associations of corporate governance with firm risk-taking and performance in a typical frontier equity market characterized by high ownership concentration and weak investor protection. Using an extensive sample of Vietnamese listed firms, we find (1) no relation between ownership concentration and firm profitability, but a non-linear relation between ownership concentration and firm valuation; and (2) that concentrated ownership increases the riskiness of accounting performance; however, there is no evidence of the linkage between concentration and the riskiness of market performance. Ultimately, our findings confirm essential differences in using the two alternatives of performance measurement.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 8 ; Year: 2020 ; Issue: 1 ; Pages: 1-41 ; Abingdon: Taylor & Francis
- Classification
-
Wirtschaft
- Subject
-
corporate governance
ownership structure
firm performance
risk-taking
Vietnam
- Event
-
Geistige Schöpfung
- (who)
-
Tran Nam Hoai
Chi Dat Le
- Event
-
Veröffentlichung
- (who)
-
Taylor & Francis
- (where)
-
Abingdon
- (when)
-
2020
- DOI
-
doi:10.1080/23322039.2020.1732640
- Handle
- Last update
-
10.03.2025, 11:44 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
- Tran Nam Hoai
- Chi Dat Le
- Taylor & Francis
Time of origin
- 2020
Other Objects (12)
Diversification and ownership concentration
Family ownership, corporate governance and risk-taking
Corporate derivatives and ownership concentration: Empirical evidence of non-financial firms listed on Pakistan Stock Exchange
Ownership concentration and bank profitability
Ownership and scope in German publicly listed corporations
A holistic perspective on bank performance using regulation, profitability, and risk-taking with a view on ownership concentration
Media giants : ownership concentration and globalisation
Common Ownership, Concentration and Corporate Conduct
State ownership and risk-taking behavior: An empirical approach to get better profitability, investment, and trading strategies for listed corporates in Vietnam
Ownership Concentration, Monitoring and Optimal Board Structure
Ownership Concentration and Firm Performance in Slovenia
Ownership concentration, monitoring and optimal board structure
Diversification and ownership concentration
Family ownership, corporate governance and risk-taking
Corporate derivatives and ownership concentration: Empirical evidence of non-financial firms listed on Pakistan Stock Exchange
Ownership concentration and bank profitability
Ownership and scope in German publicly listed corporations
A holistic perspective on bank performance using regulation, profitability, and risk-taking with a view on ownership concentration
Media giants : ownership concentration and globalisation
Common Ownership, Concentration and Corporate Conduct
State ownership and risk-taking behavior: An empirical approach to get better profitability, investment, and trading strategies for listed corporates in Vietnam
Ownership Concentration, Monitoring and Optimal Board Structure
Ownership Concentration and Firm Performance in Slovenia
Ownership concentration, monitoring and optimal board structure
Diversification and ownership concentration
Family ownership, corporate governance and risk-taking
Corporate derivatives and ownership concentration: Empirical evidence of non-financial firms listed on Pakistan Stock Exchange
Ownership concentration and bank profitability
Ownership and scope in German publicly listed corporations
A holistic perspective on bank performance using regulation, profitability, and risk-taking with a view on ownership concentration
Media giants : ownership concentration and globalisation
Common Ownership, Concentration and Corporate Conduct
State ownership and risk-taking behavior: An empirical approach to get better profitability, investment, and trading strategies for listed corporates in Vietnam
Ownership Concentration, Monitoring and Optimal Board Structure
Ownership Concentration and Firm Performance in Slovenia