Brandão, Isac de Freitas; Crisóstomo, Vicente Lima - In: Borsa Istanbul Review 24 (2024) 5, pp. 984-995
The study analyzes whether the type of shareholding control (dispersed, shared, or dominant) affects agency conflicts … evidence shows that the type of shareholding control influences the nature and magnitude of agency conflicts and the … relationship between ownership concentration and firm value. Thus, within an institutional environment, agency conflicts may differ …