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Does Ownership Structure Matter?
Author(s) -
Titman Sheridan
Publication year - 2017
Publication title -
european financial management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.311
H-Index - 64
eISSN - 1468-036X
pISSN - 1354-7798
DOI - 10.1111/eufm.12120
Subject(s) - business , popularity , capital structure , equity (law) , common ownership , complementary assets , return on assets , variety (cybernetics) , assets under management , industrial organization , monetary economics , finance , accounting , fixed asset , microeconomics , economics , market economy , profitability index , psychology , social psychology , debt , artificial intelligence , production (economics) , political science , computer science , law
Capital assets are held in a variety of ownership structures that can be characterised by how they are taxed, whether or not their equity is publicly traded, and by the relationship between the ownership of the assets and the management of the assets. When taxes and regulations change, the popularity of the different ownership structures change. These changes in ownership structure can affect how the assets are managed, which can in turn influence innovation.