WIAS Research Project Seminar Series<br>Waseda Organizational and Financial Economics Seminar<br>”Ownership Structure and Foreign Shareholdings: Evidence from Korea” by Dr. Sangin Park（Professor, Graduate School of Public Administration, Seoul National University, Korea）
| 講演者 Speaker |
Sangin Park (Professor, Graduate School of Public Administration, Seoul National University, Korea) Profile (please click here) |
|---|---|
| 日 時 Date & Time |
Monday, 14 December 2015, 13:00 – 14:30 |
| 会 場 Venue |
Rm. 1111 on the 11th floor, Building #11, Waseda University |
| 主 旨 Outline |
We investigate foreign investor’s behavior in response to the complexity of ownership structure. Many Korean companies affiliated with Chaebol have relatively complicated ownership structures, which may aggravate the information asymmetry. By using Almeida et al (2011) measures of ownership structure, we found that foreign investors refrain from investing in companies with complicated ownership structure. Furthermore, we cannot find evidence of foreign shareholdings improving firm performance as in the literature of shareholder activism. |
| プログラム Schedule |
13：00 Opening Remarks （Hideaki Miyajima (Waseda University)） 13：05 Presentation 14：05 Question-and-answer session 14：25 Concluding Remarks（Hideaki Miyajima (Waseda University)） |
| 対 象 Prospected Audience |
Faculty and staff members of a university, grad students, the general publics |
| 主 催 Organizer |
Research Institute of Business Administration,Waseda University Waseda Institute for Advanced Study,Waseda University |
| 申込み Registration |
No Pre-Registration Required. |
