• Stakeholder conflicts and dividend policy 

      Bøhren, Øyvind; Josefsen, Morten G.; Steen, Pål E. (Journal article; Peer reviewed, 2012)
      This paper compares the dividend policy of owner-controlled firms with that of firms where the owners are a minority relative to non-owner employees, customers, and community citizens. We find that regardless of whether ...
    • Stakeholder rights and economic performance: the profitability of nonprofits 

      Bøhren, Øyvind; Josefsen, Morten G. (Journal article; Peer reviewed, 2013)
      This paper explores whether ownership matters in a fundamental sense by comparing the performance of stockholder-owned firms with the much less analyzed nonprofit firms. No stakeholder has residual cash flow rights in ...