Corporate governance practices, ownership structure, and corporate performance in the GCC countries

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• 作者：Abed Al-Nasser Abdallah^a ; ^{abedabdallah@aus.edu} ; Ahmad K. Ismail^b ; ^{ai05@aub.edu.lb} ; ^{phd98ai@yahoo.com}
• 关键词：G30
• 刊名：Journal of International Financial Markets, Institutions and Money
• 出版年：2017
• 出版时间：January 2017
• 年：2017
• 卷：46
• 期：Complete
• 页码：98-115
• 全文大小：412 K
• 卷排序：46

文摘

There is heterogeneity in governance quality across stock exchanges in the GCC. Well governed firms outperform badly governed firms. Stronger impact of good governance on performance is at low concentrated ownership. The relation between governance and performance increases with dispersed ownership. This relation is highest with government or local corporations majority ownership