Complex Ownership Structures and Corporate Valuations

Complex Ownership Structures and Corporate Valuations
The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we question the empirical validity of this dichotomy. In fact, one-third of publicly listed firms in Europe have... READ MORE...

Publication date: June 2007
ISBN 9781451867046
$18.00

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