Privately Held or Publicly Owned? Large Shareholders and Corporate Control
This paper examines the decision to go public in the presence of large and dispersed shareholders. The decision to go public and the shape of the ownership structure itself depend on the particular combination of concentrated and dispersed ownership that maximizes the initial owners’ wealth. Owners/...
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| Format: | article |
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2014
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| Online Access: | http://hdl.handle.net/10725/2986 http://dx.doi.org/10.4236/tel.2014.46051 http://file.scirp.org/Html/5-1500522_46801.htm |
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