concentration distribution that is dominated by a 'private benefits of control' problem with rising ownership concentration. …

ownership (control transfers). Such changes are more likely for firms with high leverage, while they are less likely for larger … control transfers. Control transfers are followed by increased management turnover, and for listed firms also by asset …

different types of sellers and buyers of control blocks. For a large panel of German corporations we find that firms are more … deters control changes, and ownership concentration has a non-linear impact on the likelihood of control transfer. In … contrast to corporate shareholders, private shareholders tend to sell control blocks when financial pressure increases. …

governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate … indicate that EU regulations have not always improved corporate governance in the banking sector. While shareholder control has … been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …

governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate … indicate that EU regulations have not always improved corporate governance in the banking sector. While shareholder control has … been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …

on legal and regulatory changes that were made in response to the financial market crisis. The paper shows that the …

concentration distribution that is dominated by a 'private benefits of control' problem with rising ownership concentration. …