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Keywords: Letters to shareholders (LTS)
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Journal Articles
Management Decision (2025) 63 (5): 1634–1656.
Published: 28 October 2024
...-generalized method of moments (Sys-GMM) on a sample of 670 NSE-listed Indian firms during the 2006–2019 period. EO is measured through content analysis of the letters to shareholders (LTS) issued by the companies between the period 2006 and 2019. Findings BG affiliates have more EO than standalone firms...

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