{"id":"https://openalex.org/W781670606","doi":null,"title":"Ownership Structure and Firm Performance: An Analysis of Publicly Listed Firms in The Netherlands","display_name":"Ownership Structure and Firm Performance: An Analysis of Publicly Listed Firms in The Netherlands","publication_year":2015,"publication_date":"2015-01-01","ids":{"openalex":"https://openalex.org/W781670606","mag":"781670606"},"language":"en","primary_location":{"id":"mag:781670606","doi":null,"is_oa":false,"landing_page_url":"https://essay.utwente.nl/67377/1/coenen_BA_MB.pdf","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":"dissertation","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/A5024711239","display_name":"Mathijs Coenen","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Mathijs Coenen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5024711239"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"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":0.9984999895095825,"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":0.9984999895095825,"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/T11843","display_name":"Family Business Performance and Succession","score":0.00019999999494757503,"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"}},{"id":"https://openalex.org/T12851","display_name":"Firm Innovation and Growth","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/ownership-structure","display_name":"ownership structure","score":0.9819999933242798},{"id":"https://openalex.org/keywords/firm-performance","display_name":"firm performance","score":0.9679999947547913},{"id":"https://openalex.org/keywords/ownership-concentration","display_name":"ownership concentration","score":0.9879999756813049},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.7799999713897705},{"id":"https://openalex.org/keywords/dutch-firms","display_name":"Dutch companies","score":0.8019999861717224},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.6579999923706055},{"id":"https://openalex.org/keywords/market-to-book-value-ratio","display_name":"market to book value ratio","score":0.8669999837875366},{"id":"https://openalex.org/keywords/sales-growth","display_name":"sales growth","score":0.9990000128746033},{"id":"https://openalex.org/keywords/ownership-identity","display_name":"ownership identity","score":0.7260000109672546},{"id":"https://openalex.org/keywords/largest-shareholder","display_name":"largest shareholder","score":0.8870000243186951}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.7608665823936462},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.6512974500656128},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6294676661491394},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5580396056175232},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.5256677269935608},{"id":"https://openalex.org/C2776746854","wikidata":"https://www.wikidata.org/wiki/Q11430545","display_name":"Foreign ownership","level":3,"score":0.46961718797683716},{"id":"https://openalex.org/C152877465","wikidata":"https://www.wikidata.org/wiki/Q208042","display_name":"Regression analysis","level":2,"score":0.43051862716674805},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.40879663825035095},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3473663032054901},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.3281569480895996},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.32179564237594604},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.2934446334838867},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.24612542986869812},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21452394127845764},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.159184992313385},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.08228263258934021},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.0},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:781670606","doi":null,"is_oa":false,"landing_page_url":"https://essay.utwente.nl/67377/1/coenen_BA_MB.pdf","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":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":119,"referenced_works":["https://openalex.org/W59853769","https://openalex.org/W157591956","https://openalex.org/W1492605786","https://openalex.org/W1517298983","https://openalex.org/W1526996522","https://openalex.org/W1531758582","https://openalex.org/W1537432134","https://openalex.org/W1567523024","https://openalex.org/W1592805114","https://openalex.org/W1606272114","https://openalex.org/W1947581370","https://openalex.org/W1948481449","https://openalex.org/W1963080271","https://openalex.org/W1970177130","https://openalex.org/W1979927021","https://openalex.org/W1991795148","https://openalex.org/W1993016577","https://openalex.org/W1995684393","https://openalex.org/W1995698170","https://openalex.org/W1996434806","https://openalex.org/W1996463285","https://openalex.org/W1997500202","https://openalex.org/W1999364636","https://openalex.org/W2000741764","https://openalex.org/W2001218442","https://openalex.org/W2015337907","https://openalex.org/W2018350436","https://openalex.org/W2023428791","https://openalex.org/W2023651229","https://openalex.org/W2028427785","https://openalex.org/W2032167823","https://openalex.org/W2033783873","https://openalex.org/W2034141621","https://openalex.org/W2035506393","https://openalex.org/W2041157860","https://openalex.org/W2041562787","https://openalex.org/W2042757689","https://openalex.org/W2045620501","https://openalex.org/W2046561947","https://openalex.org/W2048685877","https://openalex.org/W2050596915","https://openalex.org/W2056559400","https://openalex.org/W2059912207","https://openalex.org/W2066777211","https://openalex.org/W2070739968","https://openalex.org/W2072347970","https://openalex.org/W2074132263","https://openalex.org/W2076299080","https://openalex.org/W2076634691","https://openalex.org/W2077457427","https://openalex.org/W2079019164","https://openalex.org/W2079854167","https://openalex.org/W2081024747","https://openalex.org/W2081623004","https://openalex.org/W2082322516","https://openalex.org/W2088894329","https://openalex.org/W2089052482","https://openalex.org/W2089840984","https://openalex.org/W2091596451","https://openalex.org/W2093222646","https://openalex.org/W2096923945","https://openalex.org/W2099304543","https://openalex.org/W2102883436","https://openalex.org/W2108818539","https://openalex.org/W2110178348","https://openalex.org/W2110273241","https://openalex.org/W2111558694","https://openalex.org/W2117142641","https://openalex.org/W2117277452","https://openalex.org/W2120744852","https://openalex.org/W2121308228","https://openalex.org/W2122200893","https://openalex.org/W2124597406","https://openalex.org/W2126581527","https://openalex.org/W2131865209","https://openalex.org/W2135145155","https://openalex.org/W2135241016","https://openalex.org/W2143437037","https://openalex.org/W2150221055","https://openalex.org/W2158366890","https://openalex.org/W2160356623","https://openalex.org/W2162448899","https://openalex.org/W2165577708","https://openalex.org/W2165625270","https://openalex.org/W2170790204","https://openalex.org/W2323273425","https://openalex.org/W2613886320","https://openalex.org/W2752617332","https://openalex.org/W2782826761","https://openalex.org/W2905366712","https://openalex.org/W3022374830","https://openalex.org/W3121131820","https://openalex.org/W3121728275","https://openalex.org/W3121759882","https://openalex.org/W3121860005","https://openalex.org/W3121864519","https://openalex.org/W3122051430","https://openalex.org/W3122420571","https://openalex.org/W3122467629","https://openalex.org/W3122501789","https://openalex.org/W3122602955","https://openalex.org/W3122759333","https://openalex.org/W3122859634","https://openalex.org/W3123053174","https://openalex.org/W3123091495","https://openalex.org/W3123323948","https://openalex.org/W3123363562","https://openalex.org/W3123580022","https://openalex.org/W3124117485","https://openalex.org/W3124450204","https://openalex.org/W3124811156","https://openalex.org/W3125087107","https://openalex.org/W3125402871","https://openalex.org/W3125723227","https://openalex.org/W3125934511","https://openalex.org/W3125964413","https://openalex.org/W3125982850","https://openalex.org/W3142496586","https://openalex.org/W4254931427"],"related_works":["https://openalex.org/W2476527196","https://openalex.org/W2989770361","https://openalex.org/W25828833","https://openalex.org/W2948634391","https://openalex.org/W4297124267","https://openalex.org/W9719574","https://openalex.org/W4405449867","https://openalex.org/W2471140354","https://openalex.org/W4400453588","https://openalex.org/W7047743952"],"abstract_inverted_index":{"This":[0,50],"study\u2019s":[1],"main":[2],"goal":[3],"is":[4,31,127,156],"to":[5,9],"find":[6],"an":[7],"answer":[8],"the":[10,14,56,72,78,83,89,100,121,138,141,161,165],"question":[11],"what":[12],"effect":[13,34,41,109,149],"ownership":[15,46,57,70,111,142],"structure":[16],"of":[17,69,74,85,110,120,131,144],"Dutch":[18,61],"publicly":[19,62],"listed":[20,63],"firms":[21,64,145],"have":[22,146],"on":[23,113,150],"their":[24],"performance.":[25,152],"It":[26],"was":[27,52,94,115],"expected":[28],"that":[29,38,125,136,140],"there":[30,126],"a":[32,129,147],"positive":[33,40],"at":[35],"first,":[36],"but":[37],"this":[39],"would":[42],"become":[43],"negative":[44],"when":[45],"becomes":[47],"too":[48],"concentrated.":[49],"relationship":[51],"tested":[53],"by":[54,65,77,88,96],"calculating":[55],"concentration":[58],"levels":[59],"for":[60],"using":[66,97],"two":[67],"measures":[68],"concentration:":[71],"share":[73,84],"capital":[75,86],"held":[76,87],"five":[79],"largest":[80,90],"shareholders":[81],"and":[82,102,105],"shareholder.":[91],"Firm":[92],"performance":[93,114],"measured":[95],"three":[98],"variables:":[99],"ROA":[101],"MBV":[103],"ratios":[104],"Sales":[106],"Growth.":[107],"The":[108,118],"identity":[112],"also":[116],"examined.":[117],"results":[119],"regression":[122],"analyses":[123],"show":[124],"not":[128],"lot":[130],"statistically":[132],"significant":[133,154],"evidence":[134,155],"available":[135],"supports":[137],"view":[139],"structures":[143],"large":[148],"firm":[151],"Statistically":[153],"found,":[157],"however,":[158],"after":[159],"adjusting":[160],"original":[162],"models":[163],"during":[164],"robustness":[166],"checks.":[167]},"counts_by_year":[{"year":2022,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}