Wiwattanakantang, Yupana - Center for Economic Institutions, Institute of Economic … - 2001
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 … just control the votes. In approximately 70 percent of the firms in the sample, the controlling shareholders are involved …
