shareholders is required to reach an absolute majority of voting rights. Even though the average firm has a dispersed ownership … example, has an important impact on the ownership structure. In about 4% of sample companies, corporate shareholders hold just … under 30 per cent of the shares. Second, institutional investors are the most important category of shareholders. However …

2000. Our main findings are as follows. First, controlling shareholders offset the dilution of voting rights they incurred … suggests that marginal voting rights are important to controlling shareholders even beyond the 50% threshold. Second, share … unifications were not associated with much change in the identity of controlling shareholders. Third, the proportion of firms …

takeovers to test whether group structure, large shareholders, and bank control affect their value to shareholders. First, I …

corporate conduct or codes of ethics, claiming the set of values that should guide their conduct and their shareholders and …