Bozec, Yves; Rousseau, Stephane; Laurin, Claude - In: International Review of Law and Economics 28 (2008) 2, pp. 140-149
La Porta et al.'s [La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (1998). Law and finance. Journal of Political Economy, 106(6), 1113-1155] theory of law and finance predicts that minority controlled ownership structures, i.e. those that allow voting rights to exceed cash-flow...
