Becker, Bo (contributor); Cronqvist, Henrik (contributor); … - 2008
Charles A. Dice Center for
Research in Financial Economics
Estimating the Effects of Large
Shareholders Using a … College of Business. Fahlenbrach gratefully acknowledges financial support from the Charles A.
Dice Center for Research in … Financial Economics.
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1. Introduction
A public firm’s shareholders legally control the firm, but they delegate the …