- Authors:
-
-
Rose, Caspar
Close
0000-0003-1150-6528
Department of International Economics and Management, Copenhagen Business School
-
Rose, Caspar
- Editor:
- Backhaus, Jürgen
- DOI:
- 10.1007/978-1-4614-7883-6_533-1
- Abstract:
- This entry summarizes the main theoretical contributions and empirical findings in relation to concentrated ownership from a law and economics perspective. The various forms of concentrated ownership are described as well as analyzed from the perspective of the legal protection of investors, especially minority shareholders. Concentrated ownership is associated with benefits and costs. Concentrated ownership may reduce agency costs by increased monitoring of top management. However, concentrated ownership may also provide dominating owners with private benefits of control.
- ISBN:
- 9781461477549, 9781461477525
- Type:
- Book preface, encycl. entry
- Language:
- English
- Published in:
- Encyclopedia of Law and Economics, 2014
- Main Research Area:
- Social science
- Publication Status:
- Published
- Review type:
- Peer Review
- Publisher:
- Springer Science+Business Media
- Submission year:
- 2014
- Scientific Level:
- Scientific
- ID:
- 2261257414
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