Series: IMF Working Papers
Author(s): Luc Laeven , and Ross Levine
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2007
Keywords: Large shareholders, Blockholders, shareholder, shareholders, corporate valuations, dummy variable,
The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders...