Browsing Centre for Corporate Governance Research (CCGR) by Author "Stacescu, Bogdan"
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Stockholder Conflicts and Dividend Payout
Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Working Paper;5/2011, Working paper, 2011)This paper examines how dividend policy influences conflicts of interest between majority and minority stockholders in a large sample of private firms with controlling blockholders. We find that a higher potential for ... -
Tax concerns and agency concerns in dividend policy: Holding companies as a separating device
Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Working Paper;2/2013, Working paper, 2013)Higher dividends may create value by reducing agency costs, but may also destroy value by increasing tax payments. This paper shows empirically how stockholders use holding companies to establish indirect ownership through ... -
The Governance and Finance of Norwegian Family Firms: Main Characteristics of the Population
Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan (CCGR Research Report;01/2018, Working paper, 2018-06)