연구동향 분석

Idiosyncratic Risk and Ownership Structure: Evidence from the South Korean Market

김지원 장승욱 2022년

논문상세정보
인용/피인용
' Idiosyncratic Risk and Ownership Structure: Evidence from the South Korean Market' 의 주제별 논문영향력
논문영향력 선정 방법
논문영향력 요약
주제
  • 1대 주주
  • Corporate Governance
  • Firm Risk
  • Ownership Concentration.
  • Ownership Concentration.estors' investment decisions through identifying the ownership structure
  • Ownership Structure
  • This paper analyses whether different ownership structures influence the firm risk in the South Korean markets. To investigate the hypotheses
  • and companies. This research found that foreigners were at higher risk than the other ownership foam. Dividing chaebol and non-chaebol companies
  • and the corporate risk is lower than that of other companies. Therefore
  • chaebol
  • comparing chaebol and non-chaebol companies by the first largest shareholder
  • foreigners
  • idiosyncratic volatility was used as a proxy of firm risk. The results present a fixed-effects model to analyse the relation between firm risk and ownership structure. This paper analyses that the subjects of the first largest shareholder were divided in
  • idiosyncraticrisk
  • if a foreigner owns a chaebol company as the largest shareholder
  • institutions
  • it was confirmed in the second hypothesis that chaebol companies own lower corporate risks than non-chaebol companies. Furthermore
  • resulting in a high practical contribution.
  • the corporate risk is higher than that of individuals or institutions
  • this study expects that it will enhance the understanding of idiosyncratic volatility and impact invCorporate Governance
  • 고유변동성
  • 고유위험
  • 기업 위험
  • 소유구조
  • 소유집중도
  • 재벌
  • 주식수익률
동일주제 총논문수 논문피인용 총횟수 주제별 논문영향력의 평균
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' Idiosyncratic Risk and Ownership Structure: Evidence from the South Korean Market' 의 참고문헌

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