This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in … corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … critical in addressing free-rider problems and why, like owners of private property in general, blockholders are likely to be …

-financial blockholder or insider as their largest shareholder. Blockholders and insiders tend to be less diversified than institutional … investors. Measures of "universal" and "common" ownership of firms are therefore lower than previously believed based on … analyses of institutional investors' holdings alone, and the heterogeneity in ownership structures across firms is greater …

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 …

means that concentrated ownership at company level has become the dominant form of ownership in listed companies worldwide …

compare them against their year-industry-size-matched firms (control group) before and after the ownership change. Difference …

. 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. …