This chapter will consider and add to the research on corporate governance in New Zealand listed companies. There is little evidence of investigation over the past ten years of the issue of the levels of common ownership and control in large listed companies in New Zealand. We will use...

The increasing popularity of private equity ('PE'), and especially leveraged buyouts in the late 1980s, established a novel area of research in these investments. First, research concentrated on the taking private of large corporations in the US. In his most significant paper, Jensen (1989)...