Detailed Information on Publication Record
2016
The Effect of Ownership Structure on Corporate Financial Performance in the Czech Republic
KONEČNÝ, Lukáš and Ondřej ČÁSTEKBasic information
Original name
The Effect of Ownership Structure on Corporate Financial Performance in the Czech Republic
Authors
KONEČNÝ, Lukáš (203 Czech Republic, belonging to the institution) and Ondřej ČÁSTEK (203 Czech Republic, guarantor, belonging to the institution)
Edition
Ekonomický časopis, Bratislava, SAP - Slovak Academic Press, 2016, 0013-3035
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50600 5.6 Political science
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
Impact factor
Impact factor: 0.720
RIV identification code
RIV/00216224:14560/16:00088180
Organization unit
Faculty of Economics and Administration
UT WoS
000384780200005
Keywords in English
ownership structure; ownership concentration; corporate financial performance; Czech Republic
Tags
International impact, Reviewed
Změněno: 13/3/2017 15:22, Mgr. Bc. Hana Bohrnová, Ph.D.
Abstract
V originále
This paper seeks to examine the effect of ownership concentration on corporate financial performance in the Czech Republic. The study uses linear regression models and analyses data gathered from medium and large businesses in order to test the aforementioned relation. Using data from a sample of over 5,000 Czech businesses between 2010 and 2012, the study finds that ownership concentration expressed as the Herfindahl index has a weak, but statistically significant negative effect on corporate performance represented by return on assets. However, the data do not conclusively reveal whether the effect is monotonic or inverted U-shaped.
Links
| GAP403/12/1557, research and development project |
|