dc.contributor.author | Ferreira, Ricardo Goncalves | |
dc.contributor.author | Hummelmose, Frederik Roll | |
dc.date.accessioned | 2023-11-06T12:59:11Z | |
dc.date.available | 2023-11-06T12:59:11Z | |
dc.date.issued | 2023 | |
dc.identifier.uri | https://hdl.handle.net/11250/3100809 | |
dc.description | Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2023 | en_US |
dc.description.abstract | We investigate the relationship between ownership governance mechanisms and firm performance using extensive panel data of medium- and large-sized Nor-wegian firms from 2000 to 2015 and find that several mechanisms are relevant de-terminants of firm performance. We identify a curvilinear interaction between own-ership concentration and firm performance, with evidence supporting a weakly con-cave relationship that retains its relevance even when considered in conjunction with other mechanisms. Insider ownership does not have an apparent directional effect on firm performance, neither on a linear nor non-linear basis, on both single- and multi-mechanism model specifications. Institutional ownership has a positive association with performance, whereas we cannot establish a link between state ownership and the performance of firms in our sample. Our research deepens the understanding of ownership governance mechanisms, their inter-linkages, and the extent to which they affect firm performance. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Handelshøyskolen BI | en_US |
dc.subject | finans | en_US |
dc.subject | finance | en_US |
dc.subject | finacial economics | en_US |
dc.title | Ownership Governance Mechanisms and Firm Performance in Norway | en_US |
dc.type | Master thesis | en_US |