Essays about: "Minority Expropriation"

Showing result 1 - 5 of 9 essays containing the words Minority Expropriation.

  1. 1. Payout policy in family firms : A study on payout levels and dividend smoothing in Sweden

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Patrick Bolin; Carl Widerberg; [2019]
    Keywords : Family firms; payouts; dividends; dual-class shares; expropriation; dividend smoothing;

    Abstract : This study investigates payouts in Swedish family firms by focusing on both the level and speed of adjustment of dividends. In addition, the use of dual-class shares in family firms is examined to further identify potential drivers of payout differences between family-controlled companies and non-family firms. READ MORE

  3. 2. The perceptions of young South Africans to the land reform : -A qualitative study of young people in Stellenbosch

    University essay from Linnéuniversitetet/Institutionen för samhällsstudier (SS)

    Author : Julia Nilsson; [2019]
    Keywords : Land reform; South Africa; Stellenbosch; Relative deprivation theory; Inequality; Historical injustices; Redistribution of land;

    Abstract : The purpose of this study is to examine the opinions of the land reform by the young population in Stellenbosch, South Africa. So far, the land reform that was implemented already in 1994, has not proven to be effective on the country’s huge inequality of land ownership between the black and white population. READ MORE

  4. 3. Controlling minority shareholders' effect on value creation in M&A transactions

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Frida Ericsson; Sofia Knobel; [2018]
    Keywords : M A; Corporate Governance; ; Minority Expropriation; Ownership Structure;

    Abstract : We examine the effect of having a controlling minority shareholder (CMS controller) - who holds a large fraction of a firm's voting rights without a proportional investment in the cash flow rights - on the extent of value creation from M&A transactions in Sweden. The data sample consists of 263 M&A transactions between 2003 and 2013, of which 109 were undertaken by firms with a CMS controller. READ MORE

  5. 4. Dual-class share structure in the context of M&As: An empirical analysis of deals from Swedish public acquirers during 2001-2015

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Ulla Karasek; Ying Ying Huang; [2017]
    Keywords : Dual-class share structure; Mergers and acquisitions; Active ownership; Minority expropriation;

    Abstract : In a sample of 665 firm-year observations of 206 Swedish public acquirers listed on NASDAQ Stockholm or NGM during the period 2001-2015, the thesis discusses the prevalence of dual-class structure and evaluates its effects on M&A decisions and performance. During the observation period, the percentage of dual-class companies has slightly declined from 57. READ MORE

  6. 5. Ownership Concentration and Firm Performance: Evidence from Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Joakim Semb; Vilhelm Carlström; [2015]
    Keywords : ownership concentration; corporate governance; expropriation; monitoring; agency conflict;

    Abstract : This thesis investigates the relationship between firm performance and ownership concentration in Swedish firms. We find a negative nonlinear relationship, providing support for both a positive effect of ownership concentration, attributed to efficient monitoring, and a negative effect, attributed to expropriation of minority shareholders. READ MORE