tag:blogger.com,1999:blog-19649274.post3662445214222077840..comments2024-03-19T12:52:03.531+05:30Comments on The Leap Blog: Paper on insider ownership and firm value in IndiaAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19649274.post-91343015859673207402007-09-17T18:41:00.000+05:302007-09-17T18:41:00.000+05:30The paper is published as "Ownership Concentration...The paper is published as "Ownership Concentration and Firm Value: A Study from Indian Corporate Sector" . Emerging Markets Finance and Trade, Vol. 41, No. 6, November-December 2005 Available at SSRN: http://ssrn.com/abstract=902451<BR/><BR/>Ekta SelarkaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-87865684269240090262007-09-11T13:52:00.000+05:302007-09-11T13:52:00.000+05:30Hi Ajaya,Yes, the realationship between insider sh...Hi Ajaya,<BR/>Yes, the realationship between insider share ownerhship and firm value is quite intriguing in Indian context given the large amount of share accumulated by insiders. However, the EPW paper clearly shows that higher insider stake is beneficial for the firm value. The same finding has been earlier confirmed by Sarkar and Sarkar's paper.<BR/>In fact, foreign collaborator's shareholding of having a positive relation with firm value adds a new dimension to this research. We need to look into deeper. The mode of entry of foreign collaborator and whether there is any beneficial impact. I do not know about the other paper you are refering to. Is that a published one?<BR/><BR/>Thanks,<BR/>Saritendu PaiAnonymousnoreply@blogger.com