Renneboog, Luc; Becht, M.C.; Chapelle, A. - Tilburg University, Center for Economic Research - 1999
This paper analyses the control of Belgian listed companies. The analysis reveals that control of listed companies in … extent industrial companies, are the main investor categories whose share stakes are concentrated into powerful control … blocks through business group structures and voting pacts, (iv) control is levered by pyramidal and complex ownership …