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Author:Gorton, G.
Schmid, F. A.
Title:Universal banking and the performance of German firms
Journal:Journal of Financial Economics
2000 : OCT-NOV, VOL. 58:1-2, p. 29-80
Index terms:Banks
Performance appraisal
Germany
Language:eng
Abstract:The authors investigate empirically the influence of German universal banks on the performance of German firms. They take into account control rights of banks from equity ovnership, proxy-voting rights, and concentration of control rights, which includes complex forms such as pyramids, cross-shareholdings, and stocks with multiple votes.
SCIMA record nr: 216047
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