Kapopoulos, Panayotis; Lazaretou, Sophia - In: Corporate Governance: An International Review 15 (2007) 2, pp. 144-158
The <link rid="b1">Berle-Means</link> thesis (1932 "The Modern Corporation and Private Property". New York: Harcourt, Brace and World) implies that diffuse ownership adversely affects firm performance. This paper tries to investigate whether there is strong evidence to support the notion that variations across firms...
