Concentrated Corporate Ownership
Publisher: University Of Chicago Press
Published: August 1, 2000
Language: eng
Format: Hardcover
Number of pages: 394
ISBN-13: 9780226536781
Subjects: Economic theory & philosophy; Industry & Industrial Studies; Ownership & organization of enterprises; Business & Economics; Business / Economics / Finance; Business/Economics; USA; Infrastructure; Business & Economics / Infrastructure; Economics - General; Corporate governance; Industrial concentration; Stock ownership
First sentence: The structure of private equity organizations-in particular, the reliance on limited partnerships of finite life with substantial profit sharing-has been identified as critical to their success.
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 virtually all firms in most other countries. Given this, the lack of theoretical and empirical work on tightly held firms in surprising.".

"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."--BOOK JACKET.
Notes: National Bureau of Economic Research Conference Report