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Concentrated corporate ownership /

"Standard economic models assume that many small investors own firms. This is so in most large U.S. firms, but wealthy individuals or families generally hold controlling blocks in smaller U.S. firms and in virtually all firms in most other countries. Given this, the lack of theoretical and empi...

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Bibliographic Details
Call Number:Libro Electrónico
Other Authors: Morck, Randall
Format: Electronic eBook
Language:Inglés
Published: Chicago : University of Chicago Press, ©2000.
Series:Conference report (National Bureau of Economic Research)
Subjects:
Online Access:Texto completo
Table of Contents:
  • The determinants of corporate venture capital success: organizational structure, incentives, and complementarities
  • Ownership structures and the decision to go public: private versus social optimality
  • Some of the causes and consequences of corporate ownership concentration in Canada
  • Corporations and taxation: a largely private matter?
  • Constraints on large-block shareholders
  • Trust and opportunism in close corporations
  • Waiting for the omelette to set: match-specific assets and minority oppression
  • Adverse selection and gains to controllers in corporate freezouts
  • Emerging market business groups, foreign intermediaries, and corporate governance
  • Stock pyramids, cross-ownership, and dual class equity: the mechanisms and agency costs of separating control from cash-flow rights
  • Inherited wealth, corporate control, and economic growth: the Canadian disease?