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dc.contributor.authorDaniell, Mark Jamesen_NZ
dc.identifier.citationDaniell, M. J. (2000). Management ownership and firm value revisited (Thesis). Retrieved from
dc.description.abstractThe relationship between management ownership and firm value is investigated in an attempt to reconcile the conflicting findings in Morck, Shleifer and Vishny (1988) and McConnell and Servaes (1990) using a sample of Fortune 500 firms and two commonly used ownership sources. The findings support the quadratic form of McConnell and Servaes, suggesting that firm value increases to a maximum at around 25 to 35 percent management ownership, then decreases for management ownership levels beyond this point.en_NZ
dc.subjectmanagement ownershipen_NZ
dc.subjectfirm valueen_NZ
dc.subjectFortune 500 firms,en_NZ
dc.subject.lcshHF Commerceen_NZ
dc.subject.lcshHF5601 Accountingen_NZ
dc.subject.lcshHG Financeen_NZ
dc.titleManagement ownership and firm value revisiteden_NZ
otago.schoolFinanceen_NZ of Otagoen_NZ Thesesen_NZ
otago.openaccessAbstract Only
dc.identifier.eprints581en_NZ & Quantitative Analysisen_NZ
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