Title: Corporate governance, institutional ownership, and potential growth of US firms

Authors: Amarjit Gill; John D. Obradovich

Addresses: The University of British Columbia, 3333 University Way, Kelowna, BC V1V 1V7, Canada ' Cornerstone University, 1001 East Beltline, Grand Rapids, MI 49515, USA

Abstract: This study examines the impact of corporate governance and institutional ownership on the potential growth of US firms. Two hundred ninety US firms listed on New York Stock Exchange (NYSE) were sampled for a period of three years (from 2009-2011). The findings of this study show that corporate governance and institutional ownership influence the potential growth of US firms. This study contributes to the literature on the factors that affect potential growth of the firm. The findings may be useful for financial managers, investors, stakeholders, managers of global companies, and financial management consultants.

Keywords: corporate governance; institutional ownership; potential growth; USA; United States; economic development; firm growth.

DOI: 10.1504/IJBG.2013.052988

International Journal of Business and Globalisation, 2013 Vol.10 No.3, pp.278 - 292

Published online: 31 Mar 2013 *

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