Keywords: Hierarchical linear modelling
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Journal Articles
Management Research Review (2024) 47 (7): 1096–1111.
Published: 10 April 2024
... firms, which is examined using hierarchical linear modelling. This approach is adequate because the data has a hierarchical structure: the firms are nested within industries. Findings The results show that equity ownership concentration has a positive effect on firms’ growth and that industry growth...

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