haku: @indexterm FINANCIAL POLICY / yhteensä: 417
viite: 288 / 417
| Tekijä: | Roe, M. J. |
| Otsikko: | Political and legal restraints on ownership and control of public companies (!Financial structure) |
| Lehti: | Journal of Financial Economics
1990 : SEP, VOL. 27:1, p. 7-41 |
| Asiasana: | FINANCE FINANCIAL POLICY PUBLIC CORPORATIONS |
| Kieli: | eng |
| Tiivistelmä: | Law and politics affect the financial structure of the public corporation, too. Law restricts financial institutions from holding large equity blocks and from networking the small blocks they do own. Impetus for these restrictions came from several sources: a public belief that financial stability would be fostered by financial fragmentation, American federalism, rivalries between groups of financial institutions, and popular mistrust of powerful private financial institutions. The stability of these rules also derives from the political resistance that one would expect corporate managers and benefited financial institutions to offer to any change. |
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