Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/208444 
Year of Publication: 
2001
Series/Report no.: 
Working paper No. 4-2001
Publisher: 
Copenhagen Business School (CBS), Department of Economics, Frederiksberg
Abstract (Translated): 
We analyse the relationship between the distribution of ownership and the allocation of control in Danish closely held corporations. First, we investigate why firms have boards. Second, we identify relationships between owners, boardmembers and CEOs in these firms. Third, we show the presence of control dilution in firms with multiple owners. Finally, we discuss some implications for Danish corporate law of our findings.
Subjects: 
Allocation of control
Denmark
closely held corporations
boardmembers
Corporate Law
Corporate governance
JEL: 
G30
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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