Doidge, Craig; Karolyi, G. Andrew; Stulz, René M. - 2009
300 registered U.S. shareholders, a criterion that favored
small firms and firms with concentrated ownership, a key … method of counting provided under Rule 12g3-2(a). This method requires looking through the record ownership
of brokers …, wherever located and wherever in the chain of ownership, for the purpose of assessing the
number of U.S. resident holders. See …