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This study analyses the factors influencing institutional ownership in the largest non-financial companies listed in five major European countries from 2010 to 2015. Consistently with previous empirical literature, both country-level and firm-level variables result to be relevant. As for country...
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other through a small number of shared directors who serve on several company boards at the time (France, Germany, and Italy … connected to each other just like Germany, France, and Italy. However, just like the UK, such connections are made through … directors who tend to have just two board positions at the time, a sign that, differently from Italy, Germany, and France, the …
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