![](local/cache-vignettes/L300xH470/rubon9-59d38.jpg?1724744805)
-
Journal menu
- General information
- Editorial Board and External Reviewers
- Journal Policies
- Publication Ethics and Malpractice Statement
- Instructions for authors
- Paper reviewing
- Article processing charge
- Feedback from stakeholders
- Journal’s Open Access statement
- Order hard copies of the journal
- 50 most cited papers in the journal
THE IMPACT PF LARGE SHAREHOLDERS ON FIRM RISK-TAKING: EVIDENCE FROM A SMALL MARKET
Download This ArticleMichael Graham
Abstract
This paper investigates the impact of active large shareholders on three measures of firm risk-taking. The results suggest a positive relationship between active large shareholding and income instability risk as well as strategy risk. Large shareholding was found not to exert any influence on risk based on stock returns.
Keywords: Agency Theory, Blockholders, Firm Risk-Taking, Large Shareholders
How to cite this paper: Graham, M. (2007). The impact PF large shareholders on firm risk-taking: Evidence from a small market. Corporate Ownership & Control, 4(4), 60-69. https://doi.org/10.22495/cocv4i4p4