-financial blockholder or insider as their largest shareholder. Blockholders and insiders tend to be less diversified than institutional … investors. Measures of "universal" and "common" ownership of firms are therefore lower than previously believed based on … analyses of institutional investors' holdings alone, and the heterogeneity in ownership structures across firms is greater …

different measures produce very different results. But, whichever measure is used, taking account of pyramid ownership … ultimate control rights measures are adequate on their own, suggesting that further work on ownership structure and pyramids is …

factors: family ownership and source of the competitive pressure. A novel aspect of our paper is that we rely on two …

ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other … ; ownership concentration ; Bayesian model estimation ; Bayesian model comparison …

consequences of concentrated ownership, these results suggest that bank influence serves as a substitute control mechanism, one of …

Ownership takeovers often follow complex strategies where the control of the target firm is acquired through a sequence … decides on the number of steps towards the full ownership of the target (the acquisition structure) and on the combination of …

We show how temporary ownership by private equity firms affects industry structure, competition and welfare. Temporary … ownership leads to strong investment incentives because equilibrium resale prices are determined by buyers incentives to block …

We analyze the long-term effects of firm break-up and ownership change on corporate performance. Our analysis is based … after a certain point they quickly diminish over time. Factors like changes in ownership structure and management are to be … found behind later improvements in the performance of firms. -- break-up of firms ; corporate performance ; ownership …