What is it about?
Promoter holding has a direct impact on how firms are run and how they take decisions. this paper tried to identify whether proportionate shareholding of promoters has an impact on firm performance. Furthermore, it is attempted to explain whether promoter holding in turn is dependent on firm performance.
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Why is it important?
We describe the relationship between promoter holding and firm performance in an endogenous setting. This paper establishes the inter-dependence between promoter holding and firm performance in an emerging market setting.
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This page is a summary of: Do Promoter Holding and Firm Performance Exhibit Endogenous Relationship? An Analysis from Emerging Market of India, Management and Labour Studies, May 2017, SAGE Publications,
DOI: 10.1177/0258042x17714073.
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