It is the objective of this paper to determine the voting premium for French shares by comparing the values of voting and non-voting shares, and to analyze the value of the voting rights. The study uses data for 25 French companies which had both types of shares outstanding and traded on the...

This paper documents the relationship between foreign ownership and firm survival forenterprises in Germany using unique tailor-made new representative data that mergeinformation from surveys performed by the Statistical Offices, from administrative datacollected by the Tax Authorities and from...

Im folgenden Beitrag werden die spezifischen Probleme der Privatisierung in Ostdeutschland und der Situation in Osteuropa verglichen. Die Erfahrungen mit größeren Privatisierungsvorhaben in Entwicklungsländern werden auf ihre Übertragbarkeit geprüft und es wird einigen zentralen Fragen...

Persistent differences in the level of business ownership across economically developed nations have attracted the attentiion of scientific as well as political debate. Cultural rather than economic influences are assumed to play a decisive role. This paper deals with the influence of cutlural...