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This paper examines the ownership structure of eurozone public debt and the distributional consequences thereof. Through both a comparative perspective and an explorative case study of Italy, this paper asks two research questions. Firstly, it asks who holds government debt in Spain, France,...
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and UK firms. We consider the monitoring role of large blockholders, the market for share blocks, creditors, and non … creditors play an active role in disciplining. Block purchases have a monitoring role in Belgium and Germany, but not in France …
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and UK firms. We consider the monitoring role of large blockholders, the market for share blocks, creditors, and non … creditors play an active role in disciplining. Block purchases have a monitoring role in Belgium and Germany, but not in France …
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