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Author:Adams, M.
Title:Cross holdings in Germany
Journal:Journal of Institutional and Theoretical Economics
1999 : MAR, VOL. 155:1, p. 80-109
Index terms:INSTITUTIONAL ECONOMICS
HOLDING COMPANIES
GERMANY
Language:eng
Abstract:A characteristic of the German firms' ownership and control structure is the fact that the data featuring these markets are not available. Asking for reasons why concealing the control and shareholder structure is defended so strongly by representatives of banks and insurance companies, it becomes obvious that its aim is to hide a network of cross holdings among the most important German financial and industrial enterprises and to obscure the extreme concentration of power of banks and insurance companies in Germany.
SCIMA record nr: 193601
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