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| Author: | Adams, R. Ferreira, D. |
| Title: | One share - one vote: the empirical evidence |
| Journal: | Review of finance
2008 : VOL. 12:1, p. 51-91 |
| Index terms: | finance voting shares shareholders corporate governance |
| Freeterms: | ownership |
| Language: | eng |
| Abstract: | Surveying the empirical literature on disproportional ownership, this study focuses mostly on explicit mechanisms allowing some shareholders to acquire control with less than proportional economic interest in the firm. In addition, other mechanisms, e.g. takeover defenses and fiduciary voting are also briefly discussed. A broad overview of different areas is provided in related literature, and problems of interpretation are highlighted possibly arising due to empirical difficulties. |
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