Do managers seek control and entrenchment?
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DOI: 10.1016/j.jcorpfin.2020.101806
Abstract: Abstract A unique dataset of post-IPO thrifts with heterogeneous initial insider ownership allows us to use revealed preferences to determine the level of ownership insiders believe to be optimal. We find strong evidence that insider… read more here.
Keywords: control; insider ownership; entrenchment; ownership ... See more keywords
Insider Ownership, Corporate Diversification, and Firm Value: Evidence from REITs
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Real Estate Research"
DOI: 10.1080/08965803.2021.1885960
Abstract: We examine the link between REIT insider ownership and property type diversification. Also, we investigate whether property-focused REITs with more insider equity holdings have a higher market valu... read more here.
Keywords: corporate diversification; insider ownership; ownership; reits insider ... See more keywords