Complex Ownership Structures and Corporate Valuations /

The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders. In this paper, we question the empirical validity of this dichotomy. In fact, one-th...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Laeven, Luc
Weitere Verfasser: Levine, Ross
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2007.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2007/140
Online Zugang:Full text available on IMF