This article presents a structural overview of corporate disclosure in Germany against the background of a rapidly evolving European market. It fi rst...
The "law matters" thesis implies countries will not develop a robust stock market or diffuse corporate ownership structures unless laws are in place...
Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed...
In many industries, overlapping ownership arrangements (OOAs) are prevalent in the form of cross-shareholding agreements among firms or common...Read more
In 2015, the Chinese Communist Party embarked on an unprecedented policy: writing itself into the corporate charters of many of the country’s...Read more
In a 2010 special report, The Economist called the resurgence of state-owned mega-enterprises, especially those in emerging economies, “Leviathan...Read more
This chapter documents the evolution of ownership and control of firms around the world over a hundred year period from the beginning of the 20th...Read more