Publication:
Large shareholdings and corporate control: an analysis of stake purchases by French holding companies[this resea]

dc.contributor.coauthorLeleux, Benoit
dc.contributor.coauthorVermaelen, Theo
dc.contributor.departmentDepartment of Business Administration
dc.contributor.facultymemberNo
dc.contributor.kuauthorBanerjee, Saugata
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.date.accessioned2024-11-09T23:04:12Z
dc.date.issued1997
dc.description.abstractThe paper analyses the value creation benefits of the holding form of organisation in France by empirically examining the effects of non-controlling stake purchases on target shareholder wealth, operational performance and bidder shareholder returns for a sample of 122 stake purchases in French listed companies. The evidence puts into question the ability of holding companies to create value for the firms they purchase stakes in or their own shareholders, adding to the current debate on the relative role played by large shareholders and the external market for corporate control as ultimate disciplining devices.
dc.description.fulltextNo
dc.description.harvestedfromManual
dc.description.indexedbyScopus
dc.description.openaccessYES
dc.description.peerreviewstatusN/A
dc.description.publisherscopeInternational
dc.description.readpublishN/A
dc.description.sponsoredbyTubitakEuN/A
dc.description.studentonlypublicationNo
dc.description.studentpublicationNo
dc.description.versionN/A
dc.identifier.doi10.1111/1468-036X.00029
dc.identifier.embargoN/A
dc.identifier.endpage43
dc.identifier.issn1354-7798
dc.identifier.issue1
dc.identifier.quartileQ2
dc.identifier.scopus2-s2.0-0039187078
dc.identifier.startpage23
dc.identifier.urihttps://doi.org/10.1111/1468-036X.00029
dc.identifier.urihttps://hdl.handle.net/20.500.14288/8584
dc.identifier.volume3
dc.keywordsHolding companies
dc.keywordsLarge shareholders
dc.keywordsStake purchases
dc.language.isoeng
dc.publisherWiley
dc.relation.affiliationKoç University
dc.relation.collectionKoç University Institutional Repository
dc.relation.ispartofEuropean Financial Management
dc.relation.openaccessN/A
dc.rightsN/A
dc.subjectBusiness administration
dc.titleLarge shareholdings and corporate control: an analysis of stake purchases by French holding companies[this resea]
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.kuauthorBanerjee, Saugata
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