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...
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2007.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2007/140 |
Acesso em linha: | Full text available on IMF |