Business, Management and Accounting
4 years ago

Concentrated ownership boosts Greek firm profitability, diffused ownership hinders success.

SSRN Electronic Journal
Corporate Ownership Structure and Firm Performance: Evidence from Greek Firms
Panayotis Kapopoulos, Σοφία Λαζαρέτου

Paper Summary

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The study looked at how different ownership structures in Greek companies affect their performance. They found that companies with more concentrated ownership tend to be more profitable. On the other hand, companies with ownership spread out among many shareholders tend to have lower profitability. This suggests that who owns a company can impact how well it does financially.