On the size of a Controlling Share-holding
AbstractA large number of empirical studies have examined the question of the divorce between ownership and control as to either its extent (following Berle and Means (1932) or its implications for behaviour (following Marris (1964)). These studies have used different samples, different variables and have employed very different criteria to decide on the location of control within each corporation. In addition there appears to be considerable confusion over nomenclature, in particular the meaning of the phrase "owner-controlled". It is therefore not surprising that they come to different conclusions on both questions.
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Bibliographic InfoPaper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 168.
Length: 25 pages
Date of creation: 1980
Date of revision:
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- Farabullini,F. & Hester,D.D., 2001. "The performance of some recently privatized Italian banks," Working papers 10, Wisconsin Madison - Social Systems.
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