Pt. I: Keiretsu and competition. Vertical organisation versus markets. Sheard, Paul: Keiretsu and market access. An economics of organisation approach. Ariga, Kenn ; Ohkusa, Yasushi: Price formation and the structure of the distribution system. Pt. II: Corporate governance structures. Garvey,...

This paper examines the ownership structure of listed Thai firms in 1996. The ownership structure is concentrated. In 82.59 percent of the firms in the sample, the largest shareholders are also controlling shareholders. The controlling shareholders are mainly families. Foreign investors form the...