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Book Cover
Author Morck, Randall.

Title Concentrated Corporate Ownership
Published Chicago : The University of Chicago Press, 2007
Online access available from:
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Description 1 online resource (404 pages)
Contents Concentrated Corporate Ownership; Contents; Foreword; Acknowledgments; Introduction; I. The Origins of Ownership Structure; Ii. The Law and Concentrated Corporate Ownership; Iii. Economic Effects of Concentrated Corporate Ownership; Contributors; Name Index; Subject Index
Summary Standard economic models assume that many small investors own firms. This is so in most large U.S. firms, but wealthy individuals or families generally hold controlling blocks in smaller U.S. firms and in all firms in most other countries. Given this, the lack of theoretical and empirical work on tightly held firms is surprising. What corporate governance problems arise in tightly held firms? How do these differ from corporate governance problems in widely held firms? How do control blocks arise and how are they maintained? How does concentrated ownership affect economic growth? How should we
Notes Print version record
Subject Business.
Corporate governance.
Industrial concentration.
Stock ownership.
Form Electronic book
ISBN 0226536823