An Exploratory Study On Different Dimensions Of Ownership Structure As Corporate Governance Mechanism

Abstract

Ownership structure is considered to be an important mechanism of corporate governance. Separation of ownership form control leads to various agency problems in publicly owned firms which ultimately lead to conflicts between the interest of managers and shareholders. Corporate governance structure varies according to ownership structure of the corporate. The objective of the present paper is to analyze the existing literature in order to explore the different aspects of ownership structure in different constitutional settings of different countries.