Ownership Structure, Related Party Transactions, and Firm Valuation: Evidence from Indian Business Groups

by Amrinder Khosa, Darren Henry, Kamran Ahmed

Concentrated ownership is considered to be the best protection for shareholders in economies where legal protection is relatively weak. This book investigates and concludes, for Indian business groups, that concentrated-inside ownership provides opportunities for the expropriation of minority shareholders. While more concentrated direct ownership of controlling families results in a higher market value of equity, indirect ownership obtained through...

• Format: Hardcover
• Language: English
• ISBN: 1108492193
• ISBN13: 9781108492195
• Release Date: May 2019
• Publisher: Cambridge University Press
• Length: 188 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.6" x 8.6" x 9.4"