7 Ownership Structures and Performance of SMEs: An Empirical Analysis
Abstract
Ownership structure and its impact on corporate performance have been a prominent and debatable subject within the framework of Corporate Governance. Empirically, the studies have checked the non-linear impact of various ownership structure variables individually on firm performance but not together. The current study uses multiple theoretical perspectives to examine whether the non-linear relationship of multiple ownership variables on the performance of Indian-listed small-cap corporates moves in the same direction or they move in the opposite direction. Promotor(s), Institutional Investor(s), and Non-Institutional ...
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