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Tekijä: | Claessens, S. Djankov, S. Lang, L. H. P. |
Otsikko: | The separation of ownership and control in East Asian corporations |
Lehti: | Journal of Financial Economics
2000 : OCT-NOV, VOL. 58:1-2, p. 81-112 |
Asiasana: | Company ownership Financial control Shareholders Asia Far East |
Kieli: | eng |
Tiivistelmä: | The authors study the separation of ownership and control for 2980 corporations in nine East Asian countries, in Hong Kong, Indonesia, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand. As the starting point in the data collection of cash-flow and voting rights. In all countries voting rights frquently exceed cash-flow rights via pyramid structures and cross-handlings. |
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