Concentrated Corporate Ownership

Name: Concentrated Corporate Ownership
Brand: University of Chicago Press
SKU: 9780226536781
Price: 623.5 RON
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Autor: Randall Morck

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Editura: University of Chicago Press

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Standard economic models assume that many small investors own firms. This is so in most large US fir...

Informații despre carte

Autor

Randall Morck

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2000

Pagini

392

EAN

9780226536781

Enbook ID

04867416

Editura

University of Chicago Press

Greutate

680

Dimensiuni

164 x 238 x 28

Descriere completă

Standard economic models assume that many small investors own firms. This is so in most large US firms, but wealthy individuals or families generally hold controlling blocks in smaller US 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 regulate tightly held firms? Drawing together leading scholars from law, economics and finance, this volume examines the economic and legal issues of concentrated ownership and their impact on a shifting global economy.

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