Exploration of firm strategic control in Australia and the United States and implications for global governance structures
Date of this Version
Our empirical study of 246 Directors, financial executives, accountants and credit/security analysts explore the concept of firm corporate control and what theoretically developed attributes contribute to an entity having corporate control over another. We first develop and test a model of corporate control. We then delve into what combinations of direct ownership, indirect ownership, ownership dispersion, and board of director representation are required for dominant corporate control. Due to the use of conjoint analysis, we are able to make suggestions as to the relative importance of each in regard to corporate control.
This document has been peer reviewed.