This paper studies the separation of ownership and control of 108 listed companies in Colombia from 1996 to 2002 … examines the association of various ownership and control measures and separation ratios with a firms value and performance for …, finding that voting rights are greater than cash flow rights because of indirect ownership across firms. The paper also …

This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 … that the average ownership stakes of the largest and the three largest shareholders are 27% and 41%, respectively. The … average ownership stakes of banks, insurance companies and other financial institutions are relatively low. We observe that …

CEMs to measure the divergence between control and ownership rights. Supporting the rent extraction hypothesis, holding … business group companies have lower dividend payouts as the divergence between control and ownership rights widens and the …In Eurasia, Turkey has a "crony" capitalist system with majority control and business groups (BGs) in the hands of a …

This chapter documents the evolution of ownership and control of firms around the world over a hundred year period from … stock markets and contrasts these with the persistent patterns of ownership that are observed in many countries around the … world. In particular, it documents the growth in dispersion in ownership that took place in many countries from the early …

This paper analyses ownership and control structures of Dutch listed companies. Legislation effective since 1992 … that the average ownership stakes of the largest and the three largest shareholders are 27% and 41%, respectively. The … average ownership stakes of banks, insurance companies and other financial institutions are relatively low. We observe that …

decades has led to higher levels of common ownership and increased attention on the topic by academic researchers. A consensus … has yet to emerge from the literature regarding the consequences of increased common ownership on firm behavior and market … provides an overview of the theoretical underpinnings of common ownership and critically reviews the empirical literature …

institution's generate high levels of ownership concentration, poor access to external equity financing, and narrow equity markets …

institution's generate high levels of ownership concentration, poor access to external equity financing, and narrow equity markets …