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which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting …
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This study investigates the transition from being a listed company with a dispersed ownership structure to being a privately held company with a concentrated ownership structure. We consider a sample of private equity backed portfolio companies to evaluate the consequences of the corporate...
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suggesting a default template of rules. Ultimately, the matter of protection was one for the corporation and its shareholders …
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