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Private benefits, block transaction premiums and ownership structure

Citations

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Cited by:

  1. Pérez-Soba, Inés & Martínez-Cañete, Ana R. & Márquez–de-la-Cruz, Elena, 2021. "Private benefits from control block trades in the Spanish stock exchange," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
  2. Massimiliano Celli, 2017. "Minority Discount for Reduced Powers in Negotiations of Non-Listed Minority Holdings: Evidence from European Countries," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(4), pages 1-23, March.
  3. Aleksandra Gregoric & Cristina Vespro, 2009. "Block trades and the benefits of control in Slovenia1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 17(1), pages 175-210, January.
  4. Poulsen, Thomas, 2008. "Private benefits in corporate control transactions," Finance Research Group Working Papers F-2008-03, University of Aarhus, Aarhus School of Business, Department of Business Studies.
  5. Elisabeth Mueller, 2008. "Benefits of control, capital structure and company growth," Applied Economics, Taylor & Francis Journals, vol. 40(21), pages 2721-2734.
  6. Chapelle, Ariane & Szafarz, Ariane, 2005. "Controlling firms through the majority voting rule," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 355(2), pages 509-529.
  7. Ehrhardt, Olaf & Lahr, Henry, 2008. "Uncertain private benefits and the decision to go public," CEFS Working Paper Series 2008-02, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
  8. Trojanowski, Grzegorz, 2008. "Equity block transfers in transition economies: Evidence from Poland," Economic Systems, Elsevier, vol. 32(3), pages 217-238, September.
  9. Choi, Hyang Mi & Yoon, Pyung-Sig & Lim, Byungkwon, 2023. "Corporate governance and price differences between dual-class shares in Korea," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 304-319.
  10. Breugem, Matthijs & Corvino, Raffaele, 2021. "Dynamic ownership and private benefits," Journal of Corporate Finance, Elsevier, vol. 67(C).
  11. Sonia P. Jurfest & Ricardo D. Paredes & Julio Riutort, 2015. "Control Premium and Corporate Regulatory Changes: Theory and Evidence," The Developing Economies, Institute of Developing Economies, vol. 53(3), pages 159-187, September.
  12. Antonio Salvi & Emanuele Teti & Anastasia Giakoumelou & Felice Petruzzella, 2021. "Voting Premium in Italy: An Analysis over a 30-Year Period," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(1), pages 206-206, July.
  13. Albuquerque, Rui & Schroth, Enrique, 2008. "Determinants of the Block Premium and of Private Benefits of Control," CEPR Discussion Papers 6742, C.E.P.R. Discussion Papers.
  14. Berezinets, Irina & Ilina, Yulia & Muravyev, Alexander, 2011. "CEO and Board Characteristics as Determinants of Private Benefits of Control: Evidence from the Russian Stock Exchange," IZA Discussion Papers 6256, Institute of Labor Economics (IZA).
  15. Albuquerque, Rui & Schroth, Enrique, 2010. "Quantifying private benefits of control from a structural model of block trades," Journal of Financial Economics, Elsevier, vol. 96(1), pages 33-55, April.
  16. Julien Le Maux, 2003. "Les bénéfices privés:une rupture de l'égalité entre actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 6(1), pages 63-92, March.
  17. Salma Fourati, 2008. "Transferts négociés de blocs de contrôle, bénéfices privés et protection des actionnaires minoritaires," Post-Print halshs-00524890, HAL.
  18. Ching Yi Yeh & Tai Ma, 2012. "Why Do Insiders Sometimes Pay More And Sometimes Pay Less In Private Placements?," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 6(2), pages 35-52.
  19. Poulsen, Thomas, 2011. "Private benefits in corporate control transactions," International Review of Financial Analysis, Elsevier, vol. 20(1), pages 52-58, January.
  20. Dong, Liping & Uchida, Konari & Hou, Xiaohong, 2014. "Block trade targets in China," Journal of Corporate Finance, Elsevier, vol. 25(C), pages 188-201.
  21. Alexander Dyck & Luigi Zingales, 2004. "Control Premiums and the Effectiveness of Corporate Governance Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 16(2‐3), pages 51-72, March.
  22. Jose Guedes & Gilberto Loureiro, 2007. "Controlling vs. Minority Shareholders: is There Expropriation? An Empirical Analysis of the Stock Price Performance of European Companies," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 5(1), pages 16-21, 05.
  23. Dong, Liping & Uchida, Konari & Hou, Xiaohong, 2020. "Are future capital gain opportunities important in the market for corporate control? Evidence from China," Journal of Corporate Finance, Elsevier, vol. 63(C).
  24. Berezinets Irina & Ilina Yulia & Muravyev Alexander, 2011. "Owners, Boards, Managers and the Private Benefits of Control: A Study of Dual Class Stock Firms in an Emerging Market," EERC Working Paper Series 11/12e, EERC Research Network, Russia and CIS.
  25. Bloch, Francis & Hege, Ulrich, 2003. "Multiple Shareholders and Control Contests," MPRA Paper 42286, University Library of Munich, Germany.
  26. Huang, Zhangkai & Xu, Xingzhong, 2009. "Marketability, control, and the pricing of block shares," Journal of Banking & Finance, Elsevier, vol. 33(1), pages 88-97, January.
  27. Julien Le Maux & Claude Francoeur, 2014. "Block Premia, Litigation Risk, and Shareholder Protection," European Financial Management, European Financial Management Association, vol. 20(4), pages 756-769, September.
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