Admati, Anat R. (contributor); Pfleiderer, Paul (contributor) - 2007 - [Rev.]
empirical studies of the role and impact of large shareholders present evidence that is
consistent with our model.
4
Carleton … large shareholder, which are studied empirically in these studies, may be one source of this
awareness.
In a recent paper … unique features of our model that can be
exploited in future empirical studies to examine whether the threat of exit plays a …