Boubakri, Narjess; Guedhami, Omrane; Sy, Oumar - In: Institutional approach to global corporate governance : …, (pp. 385-413). 2008
This chapter investigates the role of macro corporate governance (legal and extra legal institutions) in determining the extent of ultimate excess control (i.e., the ownership-controls rights divergence of the ultimate owner) using a large sample of Asian and European companies. We find that the...