Wiwattanakantang, Yupana - Center for Economic Institutions, Institute of Economic … - 2001
This paper examines the ownership structure of listed Thai firms in 1996. The ownership structure is concentrated. In … controlling shareholders use a simple ownership pattern to control the firms. Only in 21.27 percent of the firms, the controlling … shareholders employ pyramid structures, and cross-ownership structures to control the firms. The controlling shareholders do not …