Keywords: Shareholding gap
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Journal Articles
International Journal of Emerging Markets (2025) 20 (3): 1328–1350.
Published: 23 June 2023
... is conditional on the shareholding ratio of the second largest shareholder. The negative impact is weakened when the second largest shareholder holds a large proportion of shares or when the shareholding gap between the second largest and the controlling shareholder is small. Originality/value This research...

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