Ownership

Corporate Governance and Control

Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of...

Managerial Ownership and Corporate Performance in Slovenian Post-Privatization Period

Portfolio Manager Ownership and Fund Performance

A Primer on the Uncorporation

More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres and...

Bolstering Family Control: Evidence from Loyalty Shares

We study the introduction of a new control-enhancing mechanism in Italy, a country characterized by family-controlled firms and growing...

Corporate Groups: Corporate Law, Private Contracting and Equal Ownership

In this paper we provide a simple and general framework that explains the nature of groups, their corporate governance problems and their ownership...

History of Corporate Ownership in Italy

Insider Trading, News Releases and Ownership Concentration

This paper investigates the market's reaction to UK insider transactions and analyzes whether the reaction depends on the firm's ownership. There are...

Is Berle and Means Really a Myth?

Berle and Means famously declared in 1932 that a separation of ownership and control was a hallmark of large U.S. corporations and their...

Beyond Ownership: State Capitalism and the Chinese Firm

Chinese state capitalism has been treated as essentially synonymous with state-owned enterprises (?SOEs?). But drawing a stark distinction between...

Shareholder Collaboration

Two models of the firm dominate corporate law. Under the managementpower model, decision-making power rests primarily with corporate insiders...

A Survey of Research on the Corporate Governance of Korean Firms

This article reviews research conducted from 2011-2020 on the corporate governance of Korean firms. The purpose is to promote academic...