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minority shareholders. We provide evidence and a model that explains propping. In particular, we suggest that issuing debt can …
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"tunneling" (expropriating funds that rightfully belong to minority shareholders), the same entrepreneurs may prop up firms using …
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-party transactions and other conflicts of interest situations. Moreover, controlling shareholders often perform some of the functions …
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This paper contains the tables of contents, legislation and cases, the introduction and the index of a book published by Cambridge University Press (2008). The cover text reads as follows: "On the one hand, it can be argued that the increasing economic and political interdependence of countries...
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