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- W3123278406 abstract "In this research-paper we evaluate how corporate control around the world is defined and which variables, related to a firm's characteristics and the countries' infrastructures, influence this. We find that there is a small number of countries where firms are widely held. The role of financial institutions seems to be different in civil and common law-based countries. While they seem to act as a monitor of management in common law-based countries, in civil law countries they act as a monitor of large shareholders. Finally, we find that firm's size is the most important determinant of ultimate owners." @default.
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- W3123278406 date "2008-01-01" @default.
- W3123278406 modified "2023-09-27" @default.
- W3123278406 title "Who Owns the Largest Firms Around the World" @default.
- W3123278406 hasPublicationYear "2008" @default.
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