Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208437 
Year of Publication: 
2000
Series/Report no.: 
Working paper No. 15-2000
Publisher: 
Copenhagen Business School (CBS), Department of Economics, Frederiksberg
Abstract (Translated): 
We provide a theoretical analysis of the relationship between investor protection and the performance of corporations with concentrated ownership and apply it to analyze two types of investor protection. First, we analyze the cost and benefits of imposing super-majority requirements on certain important policy issues in the corporation. Second, we analyze why it can be in the interest of the corporation to impose restrictions on the free transferability of shares.
Subjects: 
Investor protection
Concentrated ownership
Corporate performance
JEL: 
G31
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.