Ownership of Corporations : A Review, Synthesis, and Research Agenda

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journal

39 Scopus Citations
View graph of relations



Original languageEnglish
Pages (from-to)1282-1314
Journal / PublicationJournal of Management
Issue number5
Online published23 Mar 2016
Publication statusPublished - Jul 2016


The ownership of corporations has been studied in multiple disciplines and using diverse theoretical frameworks for several decades. Despite a wealth of research, both research gaps and contradictory findings are common. This is partly due to the fragmentation of the foci of individual studies. We synthesize the work done to date through a content analysis of 145 articles and 523 effect size estimates. On the basis of this review, we develop an integrated perspective to understand how institutional, government, family, executive, and board ownership affect a variety of firm outcomes. We conclude by offering new theoretical and contextual directions to better understand the role of ownership in shaping firm outcomes.

Research Area(s)

  • agency theory, emerging economies, firm performance, investors, ownership, review, shareholders

Bibliographic Note

Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).