Ownership dynamics and share pledging behavior in emerging markets: a zero-inflated model approach
This study examines how factors influencing zero pledging vary with different levels of pledging in family-owned firms. This study uses a zero-inflated beta model to differentiate the lack of opposition to pledge from the positive endorsement of pledge in an institutional setting with regulatory ple...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Cogent Economics & Finance |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2025.2459182 |
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