Li, Changying - In: Journal of applied economics 26 (2023) 1, pp. 1-7
effect of overlapping ownership when the market is fully covered. The results show that overlapping ownership, while … ownership structure is such that the lower-quality firm acquires a positive share of the higher-quality firm's profit, an … increase in overlapping ownership reduces the lower-quality firm's incentive to compete against its rival, leading to a higher …