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Ejerskabsstrukturer Og Kontrol-Allokering I Unoterede Danske Virksomheder

Author

Listed:
  • Bennedsen, Morten

    (Department of Economics, Copenhagen Business School)

  • Nielsen, Kasper

    (Department of Economics, Copenhagen Business School)

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.

Suggested Citation

  • Bennedsen, Morten & Nielsen, Kasper, 2001. "Ejerskabsstrukturer Og Kontrol-Allokering I Unoterede Danske Virksomheder," Working Papers 04-2001, Copenhagen Business School, Department of Economics.
    • Handle: RePEc:hhs:cbsnow:2001_004
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    More about this item

    Keywords

    Allocation of control; Denmark; closely held corporations; boardmembers; Corporate Law; Corporate governance;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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