Working Paper

01 July 2014

Family Business Groups and Organizational Structure: A Study of Bank Pyramidal Ownership in Thailand

This paper investigates how banks and finance companies operate in a family business group. Using uniquely detailed ownership data from Thailand, we find that the controlling families extensively use pyramids to control banks...

Pramuan Bunkanwanicha | Jyoti Gupta | Yupana Wiwattanakantang