Series:
Law
Control Matters: Law and Economics of Private Benefits of Control
Control Matters: Law and Economics of Private Benefits of Control
Series number :
Serial Number:
131/2009
Control Matters: Law and Economics of Private Benefits of Control
Real name:
Research Member
Amsterdam Law School and Business School, University of Amsterdam
Related Working Paper
Featured Working Papers
Controlling Shareholders in the Twenty-First Century: Complicating Corporate Governance Beyond Agency Costs
By the end of the twentieth century, the then-dominant literature on “law and finance” assumed that concentrated ownership was a product of deficient legal systems that did not sufficiently protect outside investors. At the same time,...Read more
Growing Up Under Mao and Deng: On the Ideological Determinants of Corporate Policies
Historically, economic activities have been organized around certain ideologies. We investigate the impact of politicians’ ideology on corporate policies by exploring a unique setting of ideological change—China from Mao to Deng around the 1978...Read more
Do Index Funds Monitor?
Passively managed index funds now hold over 25% of U.S. mutual fund and ETF assets. The rise of index investing raises fundamental questions about monitoring and corporate governance. We examine the voice and exit mechanisms and find that...Read more
Getting Tired of Your Friends: The Dynamics of Venture Capital Relationships
Does doing more deals together always strengthen investor relationships? Based on the relationships of the top 50 US venture capital firms, this paper focuses on the strengths of relationships and their dynamic evolution. Empirical estimates...Read more