... overconfidence Earnings quality Ownership concentration Family ownership Managerial ownership Institutional ownership According to the agency theory perspective, the separation between ownership and decision-making leads to a conflict of interests between managers and shareholders. As a result...

... by individual owners validating early suggestions on such an influence. Therefore, this study contributes further to the academic debates on the influence of ownership concentration in times of crises. This study lists certain sectors which experience diminished profits during such a crisis which pinpoints...