Albuquerque, Rui; Schroth, Enrique - C.E.P.R. Discussion Papers - 2008
Note: A substantially revised version of this paper has been published as CEPR DP7358, "Quantifying private benefits of control from a structural model of block trades." Please refer to DP7358 for the most up-to-date version. We study the determinants of private benefits of control in negotiated...