Ownership structures and effects of related lending and loan guarantees on firm performance in business groups
This study identifies a sample of listed Indian business group firms, which exhibit an increasing trend in leverage, related lending and loan guarantees. Business groups in India, primarily adopt pyramidal structure in which decision making is done through control rights approach. The paper examines...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2018
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| Online Access: | http://journalarticle.ukm.my/19709/ http://journalarticle.ukm.my/19709/1/14819-90569-1-PB.pdf |