| Concentrated Corporate Ownership Contributor(s): Morck, Randall K. (Editor) |
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ISBN: 0226536785 ISBN-13: 9780226536781 Publisher: University of Chicago Press OUR PRICE: $107.91 Product Type: Hardcover - Other Formats Published: August 2000 Annotation: 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 virtually 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. |
| Additional Information |
| BISAC Categories: - Business & Economics | Infrastructure |
| Dewey: 338.7 |
| LCCN: 99086549 |
| Series: National Bureau of Economic Research Conference Report |
| Physical Information: 1.12" H x 6.35" W x 9.38" (1.50 lbs) 394 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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 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. |