Moschetto, Bruno-Laurent; Teulon, Frederic - Institut de Préparation à l'Administration et à la … - 2014
capital of which is mainly detained by atomistic shareholders and the power of which is in the hands of a small group of … united minority shareholders, the hard core that wants to block any hostile takeover. The hard core constructs a device based …’s negative impact on the market due to an overprotection of the hard core to the detriment of the dispersed shareholders. Third …
