Keywords
Related Publications
Were the Good Old Days That Good? Changes in Managerial Stock Ownership Since the Great Depression
We document that ownership by officers and directors of publicly traded firms is on average higher today than earlier in the century. Managerial ownership has risen from 13 perc...
The Structure of Corporate Ownership in Japan
ABSTRACT I examine the structure of corporate ownership in a sample of Japanese firms in the mid 1980s. Ownership is highly concentrated in Japan, with financial institutions by...
Managers, Owners, and The Pricing of Risky Debt: An Empirical Analysis
ABSTRACT This article examines managerial ownership structure and return premia on corporate bonds. It is argued that when managerial ownership is low, an increase in managerial...
A systematic review and meta-analysis of studies comparing mortality rates of private for-profit and private not-for-profit hospitals.
Our meta-analysis suggests that private for-profit ownership of hospitals, in comparison with private not-for-profit ownership, results in a higher risk of death for patients.
Why Higher Takeover Premia Protect Minority Shareholders
Posttakeover moral hazard by the acquirer and freeāriding by the target shareholders lead the former to acquire as few sharcs as necessary to gain control. As moral hazard is mo...
Publication Info
- Year
- 1972
- Type
- article
- Volume
- 135
- Issue
- 2
- Pages
- 288-288
- Citations
- 33
- Access
- Closed
External Links
Social Impact
Social media, news, blog, policy document mentions
Citation Metrics
Cite This
Identifiers
- DOI
- 10.2307/2344341