Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives
There is a growing sense among academics and practitioners that common ownership—where two firms are at least partially owned by the same
Control
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Do Founders Control Start-Up Firms that Go Public?
Startup founders, who typically must cede control of their firms to obtain VC financing, are widely believed to regain control in the eve
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The Effect of Minority Veto Rights on Controller Tunneling
Most publicly traded firms around the world have a controlling shareholder. In these firms, a key objective of corporate governance
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Opportunity Makes a Thief: Corporate Opportunities as Legal Transplant and Convergence in Corporate Law
The paper surveys the corporate opportunities doctrine in four jurisdictions: the US, the UK, Germany, and France.
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Evolution of Ownership and Control Around the World: The Changing Face of Capitalism
This chapter documents the evolution of ownership and control of firms around the world over a hundred year period from the beginning of
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