Pernice, Sergio A. (contributor); … - 2003 - [Elektronische Ressource]
motivated by the analysis of conflicts of interests between disperse owners and
management
1
. However, Latin America is a … disperse ownership structures, where management and
control are separated, the problem arises mainly because it is very costly … figure shows that, in addition to owning a large proportion of shares, family
members are active in management in the firms …