CEO Share Ownership and Firm Value

CEO Share Ownership and Firm Value - SpringerLink

This study examines the effect of CEO ownership on firm performance. The findings suggest that CEO ownership and firm performance are jointly determined. F.

CEO ownership and firm value: Evidence from a structural estimation

From 1992 to 2007 the average CEO held 3.6% of the equity of his firm, worth $108 million 2000 dollars. CEOs acquired most of this ownership as a part of their ...

CEO Ownership and Firm Value - jstor

consistent with the hypothesis that corporate value is a function of the structure of equity ownership. Stulz (1988) analyzes the way in which manage- rial ...

CEO Share Ownership and Firm Value

MVE = market value of equity (the product of a firm's share price and the number of outstanding ordinary shares),. PS = liquidating value of the firm's ...

The Effects of CEO Ownership on Total Shareholder Return

For example, 26.1% of Russell 3000 CEOs from companies with less than $100 million in market cap own over 25% of company stock. Often times, ...

Deviations from optimal CEO ownership and firm value - ScienceDirect

We find that both above-optimal and below-optimal deviations reduce firm value. We find that a change in CEO ownership is associated with a higher (lower) ...

CEO Share Ownership and Firm Value | Request PDF - ResearchGate

Firm performance affects CEO ownership positively and in turn, CEO ownership has a positive effect on firm performance. Our results also show that firms managed ...

CEO Share Ownership and Firm Valuation - Semantic Scholar

We estimate the relation between Tobin's Q and CEO share ownership with firm and CEO-firm fixed effects. Our results reveal an inverted U-shaped relation ...

CEO ownership and firm value - Griffith - 1999 - Wiley Online Library

C.G. Holderness and D.P. Sheehan (1988). The role of majority shareholders in publicly held corporations: an exploratory analysis. Journal of ...

CEO ownership, external governance, and risk-taking - ScienceDirect

However, very high levels of share ownership can reduce firm value by entrenching the CEO and discouraging him from taking risk, unless mitigated by strong EG.

The relationship between CEO ownership and firm performance ...

If a firm performs well on the stock market, share prices go up or dividend payments increase, in other words the shareholder value increases.

CEO Effects on Firm Value and Its Components - Paul Thistle

While CEO stock ownership is likely a large part of a CEO's wealth, the median figure. 0.00% implies that over half of all CEOs have no equity holdings in their ...

CEO ownership and firm value - IDEAS/RePEc

This paper examines the hypothesis that the amount of CEO ownership has a dominating effect on the value of the firm. Using a diverse sample of firms, ...

CEO Ownership, Corporate Governance, and Company Performance

Sixty-nine percent of S&P 500 companies require CEOs to own stock in their company equal to more than six times their annual salary. Smaller ...

CEO Attributes, Compensation, and Firm Value: Evidence from a ...

Additionally, I estimate the magnitude of CEO agency issues. Removing CEO inﬂuence increases shareholder value in the typical ﬁrm by 1.74 ...

Managerial Ownership Dynamics and Firm Value Rüdiger ...

... ownership (e.g, Denis and Sarin (1999)). For instance, a retiring CEO who has a large ownership stake could sell shares upon retirement. There is evidence ...

Additional Evidence on Equity Ownership and Corporate Value

Their research reveals a non- monotonic relation between Q and the fraction of stock owned by all present and former CEO's still on the board of directors.

CEO Tenure and Firm Value - American Accounting Association

Our results suggest that periodic CEO turnover can be valuable for shareholders because even successful CEOs, who were good initial matches for their firms, may ...

CEO attributes and firm performance: Evidence from companies ...

Jermias and Gani (Citation2014) explain that managerial share ownership encourages CEOs to undertake value-maximizing activities because they would enjoy a ...

Relationship between CEO Power and Firm Value - Repository UNAIR

The most probable reason could be that CEO share ownership encourages better decision-making process that contributes to enhanced corporate ...