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Rising wealth inequality is both a topic in recent policy discussion and in the social sciences. Despite the general … interest in wealth concentration, we know only little about the largest privately held fortunes. To help fill this gap we … and perpetuation of fortunes over many generations is an important feature of top wealth in Germany. …
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Concentrated ownership of large listed companies is widespread throughout the world, and Germany is typical in this respect. This paper proposes a method of distinguishing empirically between the beneficial and harmful effects of ownership concentration, and applies it to German data. The...
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This paper contrasts the recent European initiatives on regulating corporate groups with alternative approaches to the phenomenon. In doing so it pays particular regard to the German codified law on corporate groups as the polar opposite to the piecemeal approach favored by E.U. legislation. It...
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