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Background reading

Becht, Marco and Kamisarenka, Yuliya and Pajuste, Anete, Loyalty Shares with Tenure Voting - A Coasian Bargain? Evidence from the Loi Florange Experiment (April 2018). European Corporate Governance Institute (ECGI) - Law Working Paper No. 398/2018. Available at SSRN:  https://ssrn.com/abstract=3166494 or http://dx.doi.org/10.2139/ssrn.3166494

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