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Ejerskabsstrukturer Og Kontrol-Allokering I Unoterede Danske Virksomheder

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Author Info

  • Bennedsen, Morten

    (Department of Economics, Copenhagen Business School)

  • Nielsen, Kasper

    (Department of Economics, Copenhagen Business School)

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    Abstract

    We analyse the relationship between the distribution of ownership and the allocation of control in Danish closely held corporations. First, we investigate why firms have boards. Second, we identify relationships between owners, boardmembers and CEOs in these firms. Third, we show the presence of control dilution in firms with multiple owners. Finally, we discuss some implications for Danish corporate law of our findings.

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    File URL: http://openarchive.cbs.dk/cbsweb/handle/10398/7536
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    Bibliographic Info

    Paper provided by Copenhagen Business School, Department of Economics in its series Working Papers with number 04-2001.

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    Length: 26 pages
    Date of creation: 15 May 2001
    Date of revision:
    Handle: RePEc:hhs:cbsnow:2001_004

    Contact details of provider:
    Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
    Phone: 38 15 25 75
    Fax: 38 15 34 99
    Email:
    Web page: http://www.cbs.dk/departments/econ/
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    Related research

    Keywords: Allocation of control; Denmark; closely held corporations; boardmembers; Corporate Law; Corporate governance;

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