. Using c.500 articles of association and ownership records of publicly-traded Victorian corporations, we find that … shareholder protection had more diffuse ownership. …

. Using c. 500 articles of association and ownership records of publicly-traded Victorian corporations, we find that … shareholder protection had more diffuse ownership. …

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 … comparable public companies. These performance differences come from the increase in ownership concentration after the leveraged …

British experience suggests that mergers matter with respect to the evolution of systems of ownership and control and that the … influence on the evolution of share ownership arrangements …

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 …

The Fortis Bank takeover court case demonstrates how shareholders' claims can make a merger and takeover case less … speedy and, indeed, more costly. The case also raises a number of legal issues relating to corporate governance in a takeover …-market efficiency and social-legal justice in intervening in a financial takeover. The case reveals the divergent views taken by the two …

The "law matters" thesis implies countries will not develop a robust stock market or diffuse corporate ownership … shareholders when ownership separated from control, which suggests "investor friendly" corporate and securities law is not a … did not provide the foundation for the unwinding of family ownership what did? This paper argues that the dividend policy …

linked to ownership dispersion. Using linked workplace-worker data from the British Workplace Employment Relations Survey … (WERS) 2011, we find average hourly pay is higher in dispersed ownership workplaces. The raw gap of 30 log points falls to 8 … ownership. …

and the tax advantages of debt. More importantly, we investigate whether ownership concentration by class of shareholder … combined equity stakes of families and industrial companies and the Herfindahl index of industrial ownership are high. This …

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 …