Chapelle, Ariane; Szafarz, Ariane - Département d'Économie Appliquée (DULBEA), Solvay … - 2005
Pyramids, cross-ownership, rings, and other complex features inducing control tunnelling are frequent in the European … and threshold-based control, applicable to any group of interrelated firms. In line with the theory on pyramidal control …, the model avoids the double counting problem and sets the full-control threshold at the conservative - but incontestable …