Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 郎咸平教授 (金融学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/S0304-405X(02)00146-0 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/795WOS source URL
其它资讯
摘要We analyze the ultimate ownership and control of 5,232 corporations in 13 Western European countries. Typically firms are widely held (36.93%) or family controlled (44.29%). Widely held firms are more important in the UK and Ireland, family controlled firms in continental Europe. Financial and large firms are more likely widely held, while non-financial and small firms are more likely family controlled. State control is important for larger firms in certain countries. Dual class shares and pyramids enhance the control of the largest shareholders, but overall there are significant discrepancies between ownership and control in only a few countries. (C) 2002 Elsevier Science B.V. All rights reserved.
着者Faccio M, Lang LHP
期刊名称Journal of Financial Economics
出版年份2002
月份9
日期1
卷号65
期次3
出版社ELSEVIER SCIENCE SA
页次365 - 395
国际标準期刊号0304-405X
语言英式英语
关键词corporate governance; ownership structure
Web of Science 学科类别Business & Economics; Business, Finance; BUSINESS, FINANCE; Economics; ECONOMICS
