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institution:"Départment d'économétrie et d'économie politique (DEEP), Faculté des Hautes Études Commerciales (HEC)"
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block pricing
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corporate control
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free rider problem
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liquidity
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ownership concentration
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ownership structure
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BOLTON, Patrick
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THADDEN, Ernst-Ludwig VON
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Blocks, Liquidity, and Corporate Control
BOLTON, Patrick
;
THADDEN, Ernst-Ludwig VON
-
Départment d'économétrie et d'économie politique …
-
1996
The paper develops a simple model of optimal corporate ownership structure in which costs and benefits of ownership concentration are analysed.
Persistent link: https://www.econbiz.de/10005481735
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