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outside shareholders willing to impose management changes. Is governance in Continental Europe more effective? The answer is …
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States and Europe, prevalent ways of doing business have changed in terms of demands for greater corporate transparency and …
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We assemble a new data on dual-class firms in Latin America and analyze the relationship between the largest shareholder characteristics and its decision to leverage voting rights. First, we describe who are the largest shareholders in Latin American firms. Second, we find that both the type and...
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The ownership of German corporations is quite different today from that of Anglo-American firms. How did this come about? To what extent is it attributable to regulation? A specially constructed data set on financing and ownership of German corporations from the end of the 19th century reveals...
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