work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders …

We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a …

cooperation. We show that a judicious allocation of asset ownership can help by reducing the incentives to engage in hold up. In …

over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence …

Private ownership should generally be preferred to public ownership when the incentives to innovate and to contain … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … addressed through government contacting and regulation without resort to government ownership. The case for private provision …

an information ea between management and outside shareholders. In the presence of such a gap, maximizing short-run and … actions that will reduce long-run value. In such a case, management faces the dilemma of which shareholders to please: those … long-run stock prices are not the same thing. Management may be able to raise current stock prices by undertaking certain …

Large shareholders may play an important role for firm performance and policies, but identifying this empirically … presents a challenge due to the endogeneity of ownership structures. We develop and test an empirical framework which allows us … to separate selection from treatment effects of large shareholders. Individual blockholders tend to hold blocks in public …

indicate that although corporate stock was held principally by the city's elite merchants in both periods, share ownership …