Managerial ownership as determinant for the creation and expansion of networks and chains in the Greek food industry

Ioannis Antoniadis; Loukas Ananikas

Managerial ownership as determinant for the creation and expansion of networks and chains in the Greek food industry

In: Dynamics in chains and networks

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Ioannis Antoniadis

Ioannis Antoniadis Dept of Agricultural Economics, Aristotle University of Thessaloniki, Thessaloniki, 54124, Greece

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Loukas Ananikas

Loukas Ananikas Dept of Agricultural Economics, Aristotle University of Thessaloniki, Thessaloniki, 54124, Greece

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Type:: Chapter

Pages:: 325–331

DOI:: https://doi.org/10.3920/9789086865260_039

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The purpose of this study is to examine the degree to which managerial ownership affects a firm’s decisions about the creation of chains and networks by participating in other companies. Cases in which the CEO is also blockholder and in which the CEO is also the chairman of the board of directors are considered. Our sample consists of 36 food and beverages companies listed in the Athens Stock Exchange. The results indicate the existence of a nonlinear relation between investments and managerial ownership, and a negative effect of duality of roles in the board of the firm.

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Dynamics in chains and networks

E-Book ISBN:: 9789086865260

Publisher:: Wageningen Academic

Print Publication Date:: 10 Oct 2004

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- Life Sciences

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Managerial ownership as determinant for the creation and expansion of networks and chains in the Greek food industry

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Dynamics in chains and networks

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