A property rights based consolidation approach

We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.

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Year of publication:	2014
Authors:	Casajus, André ; Labrenz, Helfried
Publisher:	Leipzig : Universität Leipzig, Wirtschaftswissenschaftliche Fakultät
Subject:	consolidation \| majority requirements \| property rights \| cooperative game theory \| Shapley value

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Series:	Working Paper ; 126
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	778206300 [GVK] hdl:10419/93063 [Handle] RePEc:zbw:leiwps:126 [RePEc]
Classification:	C71 - Cooperative Games ; G32 - Financing Policy; Capital and Ownership Structure ; G34 - Mergers; Acquisitions; Restructuring; Corporate Governance ; M41 - Accounting
Source:	EconStor

Persistent link: https://www.econbiz.de/10010332840