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: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we …
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consistent with the views that expropriation of minority shareholders is important internationally, that laws can restrain this …
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We examine the impact of bank supervision on the financing obstacles faced by almost 5,000 corporations across 49 countries. We find that firms in countries with strong official supervisory agencies that directly monitor banks tend to face greater financing obstacles. Moreover, powerful official...
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