{"id":"https://openalex.org/W2953827159","doi":null,"title":"Corporate Governance and Ownership Structure","display_name":"Corporate Governance and Ownership Structure","publication_year":2018,"publication_date":"2018-02-01","ids":{"openalex":"https://openalex.org/W2953827159","mag":"2953827159"},"language":"en","primary_location":{"id":"mag:2953827159","doi":null,"is_oa":false,"landing_page_url":"https://management-update.org/jurnalmanajemen/index.php/jmpm/article/view/45","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5076377205","display_name":"Lukas Setia Atmaja","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Lukas Setia Atmaja","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5076377205"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"12","issue":"2","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11843","display_name":"Family Business Performance and Succession","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":1.0},{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.996999979019165},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.8489999771118164},{"id":"https://openalex.org/keywords/private-benefits-of-control","display_name":"private benefits of control","score":0.8379999995231628},{"id":"https://openalex.org/keywords/rent-extraction","display_name":"rent extraction","score":0.8560000061988831},{"id":"https://openalex.org/keywords/controlling-shareholders","display_name":"controlling shareholders","score":0.7979999780654907},{"id":"https://openalex.org/keywords/minority-shareholders","display_name":"minority shareholders","score":0.5759999752044678},{"id":"https://openalex.org/keywords/one-share-one-vote","display_name":"one share one vote","score":0.8820000290870667}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.871788501739502},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.8267077207565308},{"id":"https://openalex.org/C36673458","wikidata":"https://www.wikidata.org/wiki/Q392896","display_name":"Agency cost","level":4,"score":0.7702289819717407},{"id":"https://openalex.org/C2777429365","wikidata":"https://www.wikidata.org/wiki/Q7246184","display_name":"Private benefits of control","level":4,"score":0.6101091504096985},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.5372965335845947},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5214435458183289},{"id":"https://openalex.org/C200707436","wikidata":"https://www.wikidata.org/wiki/Q1053211","display_name":"Principal\u2013agent problem","level":3,"score":0.5204470753669739},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5078337788581848},{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.4878807067871094},{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.4715407192707062},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4039268493652344},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3656606078147888},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2526434063911438},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.07073467969894409},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"mag:2953827159","doi":null,"is_oa":false,"landing_page_url":"https://management-update.org/jurnalmanajemen/index.php/jmpm/article/view/45","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},{"id":"mag:3129011274","doi":null,"is_oa":false,"landing_page_url":"https://karyailmiah.prasetiyamulya.ac.id/index.php/jmpm/article/download/138/147","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","score":0.6601999998092651,"id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W7100722734","https://openalex.org/W597767533","https://openalex.org/W2358637729","https://openalex.org/W2279325868","https://openalex.org/W4241102930","https://openalex.org/W2158155573","https://openalex.org/W2190751549","https://openalex.org/W2115854997","https://openalex.org/W2371456395","https://openalex.org/W2183414359"],"abstract_inverted_index":{"This":[0,83],"paper":[1],"reviews":[2],"the":[3,9,18,25,78,94,101,109],"theoretical":[4,98],"and":[5,14,22,42],"empirical":[6],"literature":[7],"on":[8],"relationship":[10],"between":[11,40],"corporate":[12,125],"governance":[13],"ownership":[15],"structure.":[16],"From":[17],"agency":[19],"perspective":[20],"(Jensen":[21],"Meckling,":[23],"1976),":[24],"presence":[26],"of":[27,38,62,80,103,111,129],"large":[28,54,71],"shareholders":[29,73],"with":[30],"greater":[31],"controlling":[32,72],"interest":[33],"helps":[34],"to":[35,107],"mitigate":[36],"conflicts":[37],"interests":[39],"manager":[41],"shareholders.":[43,82],"The":[44],"rent":[45],"extraction":[46],"model":[47],"(Bebchuk,":[48],"1999a,":[49],"1999b),":[50],"however,":[51],"argue":[52],"that":[53],"shareholdings":[55],"can":[56],"be":[57],"motivated":[58],"by":[59,113],"private":[60,127],"benefits":[61,76,110],"control":[63,68],"which":[64],"arise":[65],"from":[66,93],"significant":[67],"rights.":[69],"Indeed,":[70],"may":[74],"extract":[75],"at":[77],"cost":[79],"minority":[81],"problem":[84],"becomes":[85],"more":[86],"severe":[87],"when":[88],"there":[89],"is":[90],"a":[91,118],"deviation":[92],"one-share-one-vote":[95],"principle.":[96],"Both":[97],"models":[99],"explain":[100],"motivation":[102],"individuals":[104],"or":[105],"organizations":[106],"forgo":[108],"diversification":[112],"concentrating":[114],"their":[115],"wealth":[116],"in":[117],"single":[119],"firm.":[120],"Keywords:":[122],"Agency":[123],"theory,":[124],"governance,":[126],"benefit":[128],"controls":[130]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2019-07-12T00:00:00"}
