Παρακαλώ χρησιμοποιήστε αυτό το αναγνωριστικό για να παραπέμψετε ή να δημιουργήσετε σύνδεσμο προς αυτό το τεκμήριο:
https://hdl.handle.net/20.500.14279/13669
Τίτλος: | The effect of institutional ownership on firm performance: the case of U.S.-listed shipping companies | Συγγραφείς: | Tsouknidis, Dimitris | Major Field of Science: | Social Sciences | Field Category: | Economics and Business | Λέξεις-κλειδιά: | Dynamic endogeneity;Dynamic panel data;Firm performance;Institutional ownership;U.S. listed shipping companies | Ημερομηνία Έκδοσης: | 4-Ιου-2019 | Πηγή: | Maritime Policy and Management, 2019, vol. 46, no. 5, pp. 509-528 | Volume: | 46 | Issue: | 5 | Start page: | 509 | End page: | 528 | Περιοδικό: | Maritime Policy and Management | Περίληψη: | This paper examines the relationship between institutional ownership and firm performance for U.S.-listed shipping companies using quarterly 13F reports of institutional holdings over the period 2002 to 2016. Traditionally, public shipping companies exhibit a large concentration of ownership as specific individuals and families hold large percentages of the total shares outstanding. However, institutional investors also hold a substantial percentage of ownership of U.S.-listed shipping firms, whose effects on firm performance have not been examined previously in the literature. Results reveal a negative relationship between the percentage of institutional ownership and firm performance, which is primarily attributed to non-strategic rather than strategic institutional investors. This result survives a set of panel data estimators which take into account the presence of dynamic endogeneity in the relationship examined. | ISSN: | 14645254 | DOI: | 10.1080/03088839.2019.1584408 | Rights: | © Taylor & Francis | Type: | Article | Affiliation: | Cyprus University of Technology | Publication Type: | Peer Reviewed |
Εμφανίζεται στις συλλογές: | Άρθρα/Articles |
CORE Recommender
SCOPUSTM
Citations
15
checked on 6 Νοε 2023
WEB OF SCIENCETM
Citations
15
Last Week
1
1
Last month
0
0
checked on 29 Οκτ 2023
Page view(s)
375
Last Week
0
0
Last month
30
30
checked on 14 Μαρ 2025
Google ScholarTM
Check
Altmetric
Όλα τα τεκμήρια του δικτυακού τόπου προστατεύονται από πνευματικά δικαιώματα