Description

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.

Concentrated Corporate Ownership

Product form

£88.00

Includes FREE delivery
Usually despatched within 5 days
Hardback by Randall K. Morck

1 in stock

Short Description:

Standard economic models assume that many small investors own firms. This is so in most large US firms, but wealthy... Read more

    Publisher: The University of Chicago Press
    Publication Date: 01/08/2000
    ISBN13: 9780226536781, 978-0226536781
    ISBN10: 0226536785

    Number of Pages: 394

    Non Fiction , Business, Finance & Law

    Description

    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.

    Customer Reviews

    Be the first to write a review
    0%
    (0)
    0%
    (0)
    0%
    (0)
    0%
    (0)
    0%
    (0)

    Recently viewed products

    © 2025 Book Curl,

      • American Express
      • Apple Pay
      • Diners Club
      • Discover
      • Google Pay
      • Maestro
      • Mastercard
      • PayPal
      • Shop Pay
      • Union Pay
      • Visa

      Login

      Forgot your password?

      Don't have an account yet?
      Create account