This document evaluates interest margin determinants in the Russian banking sector with a specific focus on the bank ownership structure. Employing a unique bank-level data covering Russia’s entire banking sector for the 1999-2007 period, we discover that the impact of a number
The relation between ownership and corporate performance has been an important and debated subject within the corporate governance framework, for that it has received considerable attention previously. As the relation indicated by traditional agency theory is that ownership is an important determinant
Investigating a panel of Swedish public companies from 1986 to 2003 (4543 firm year observations) this paper investigates the effect of control structure and type of controlling owner on investment efficiency. Sweden is characterized by a high prevalence of voting and cash