Dominant outsider ownership and dominant insider ownerhip, comparision and implications for Vietnamese listed firms
Abstract
This study examines the relationship between Dominant Insider Ownership and
Dominant Outsider Ownership and firm performance using pooled data for Vietnamese
listed non-financial companies over the period of three years 2010 – 2012. Empirical
results show that both Dominant Insider Ownership and Dominant Outsider Ownership
present positive relationship with firm performance. However, the Dominant Insider
Ownership, containing a remarkable number of State Ownership, still has more positive
influence on firm performance than Dominant Outsider Ownership.