The Trade-Off Between Risk and Control in Corporate Ownership
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Marco Becht & Colin Mayer, 2002.
"Corporate control in Europe,"
Revue d'économie politique, Dalloz, vol. 112(4), pages 471-498.
- Marco Becht & Colin Mayer, 2001. "Corporate control in Europe," ULB Institutional Repository 2013/13338, ULB -- Universite Libre de Bruxelles.
- Franks, Julian & Mayer, Colin & Renneboog, Luc, 2001.
"Who Disciplines Management in Poorly Performing Companies?,"
Journal of Financial Intermediation, Elsevier, vol. 10(3-4), pages 209-248, July.
- Luc Renneboog & Julian Franks & Colin Mayer, 1999. "Who Disciplines Management in Poorly Performing Companies?," OFRC Working Papers Series 1999fe01, Oxford Financial Research Centre.
- Colin Mayer & Julian Franks & Luc Renneboog, 2001. "Who Disciplines Management in Poorly Performing Companies?," Economics Series Working Papers 1999-FE-01, University of Oxford, Department of Economics.
- Franks, Julian & Mayer, Colin & Renneboog, Luc, 2001. "Who Disciplines Management in Poorly Performing Companies?," CEPR Discussion Papers 2949, C.E.P.R. Discussion Papers.
- Agrawal, Anup & Knoeber, Charles R., 1996. "Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 31(3), pages 377-397, September.
- Barca, Fabrizio & Becht, Marco (ed.), 2001. "The Control of Corporate Europe," OUP Catalogue, Oxford University Press, number 9780199247424.
- Marc Goergen & Luc Renneboog, 2003. "Why Are the Levels of Control (So) Different in German and U.K. Companies? Evidence from Initial Public Offerings," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 19(1), pages 141-175, April.
- Raghuram G. Rajan & Luigi Zingales, 1998.
"Power in a Theory of the Firm,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 387-432.
- Raghuram G. Rajan & Luigi Zingales, "undated". "Power in a Theory of the Firm," CRSP working papers 335, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Rajan, Raghuram G & Zingales, Luigi, 1998. "Power in a Theory of the Firm," CEPR Discussion Papers 1777, C.E.P.R. Discussion Papers.
- Raghuram G. Rajan & Luigi Zingales, 1997. "Power in a Theory of the Firm," NBER Working Papers 6274, National Bureau of Economic Research, Inc.
- Admati, Anat R & Pfleiderer, Paul & Zechner, Josef, 1994.
"Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium,"
Journal of Political Economy, University of Chicago Press, vol. 102(6), pages 1097-1130, December.
- A. Admati & P. Pßeiderer & J. Zechner, 2005. "Large shareholder activism, risk sharing, and financial market equilibrium," Public Economics 0502011, University Library of Munich, Germany.
- Becht, Marco, 1999.
"European corporate governance: Trading off liquidity against control,"
European Economic Review, Elsevier, vol. 43(4-6), pages 1071-1083, April.
- Marco Becht, 1999. "European corporate governance: trading off liquidity against control," ULB Institutional Repository 2013/13314, ULB -- Universite Libre de Bruxelles.
- Renneboog, Luc, 2000.
"Ownership, managerial control and the governance of companies listed on the Brussels stock exchange,"
Journal of Banking & Finance, Elsevier, vol. 24(12), pages 1959-1995, December.
- Renneboog, L.D.R., 1999. "Ownership, Managerial Control and the Governance of Companies Listed on the Brussels Stock Exchange," Discussion Paper 1999-63, Tilburg University, Center for Economic Research.
- Renneboog, L.D.R., 1999. "Ownership, Managerial Control and the Governance of Companies Listed on the Brussels Stock Exchange," Other publications TiSEM 0e7a2422-e784-48a9-8016-d, Tilburg University, School of Economics and Management.
- Saugata Banerjee & Benoit Leleux & Theo Vermaelen, 1997. "Large Shareholdings and Corporate Control: An Analysis of Stake Purchases by French Holding Companies," European Financial Management, European Financial Management Association, vol. 3(1), pages 23-43, March.
- Marco Becht & Fabrizio Barca, 2001. "The control of corporate Europe," ULB Institutional Repository 2013/13302, ULB -- Universite Libre de Bruxelles.
- Anup Agrawal & Charles R. Knoeber, "undated". "Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (Revision of 29-94)," Rodney L. White Center for Financial Research Working Papers 8-96, Wharton School Rodney L. White Center for Financial Research.
- Leech, Dennis & Leahy, John, 1991.
"Ownership Structure, Control Type Classifications and the Performance of Large British Companies,"
Economic Journal, Royal Economic Society, vol. 101(409), pages 1418-1437, November.
- Leech, D. & Leahy, J., 1989. "Ownership Structure, Control Type Classifications And The Performance Of Large British Companies," The Warwick Economics Research Paper Series (TWERPS) 345, University of Warwick, Department of Economics.
- Baskin,Jonathan Barron & Miranti, Jr,Paul J., 1997. "A History of Corporate Finance," Cambridge Books, Cambridge University Press, number 9780521555142, October.
- Brennan, M. J. & Franks, J., 1997.
"Underpricing, ownership and control in initial public offerings of equity securities in the UK,"
Journal of Financial Economics, Elsevier, vol. 45(3), pages 391-413, September.
- Brennan, Michael J & Franks, Julian R, 1995. "Underpricing, Ownership and Control in Initial Public Offerings of Equity Securities in the UK," CEPR Discussion Papers 1211, C.E.P.R. Discussion Papers.
- Carles Gispert, 1998. "Board turnover and firm performance in Spanish companies," Investigaciones Economicas, Fundación SEPI, vol. 22(3), pages 517-536, September.
- Anup Agrawal & Charles R. Knoeber, "undated". "Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (Revision of 29-94)," Rodney L. White Center for Financial Research Working Papers 08-96, Wharton School Rodney L. White Center for Financial Research.
- Prowse, Stephen D, 1992. "The Structure of Corporate Ownership in Japan," Journal of Finance, American Finance Association, vol. 47(3), pages 1121-1140, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Manjon, M.C., 2003. "The Trade-Off Between Risk and Control in Corporate Ownership," Other publications TiSEM 2eb3b282-9b90-4de9-b484-0, Tilburg University, School of Economics and Management.
- Crespi, R. & Renneboog, L.D.R., 2003. "Corporate monitoring by shareholder coalitions in the UK," Discussion Paper 19, Tilburg University, Tilburg Law and Economic Center.
- Crespi, R. & Renneboog, L.D.R., 2003.
"Corporate monitoring by shareholder coalitions in the UK,"
Discussion Paper
19, Tilburg University, Tilburg Law and Economic Center.
- Crespi, R. & Renneboog, L.D.R., 2003. "Corporate monitoring by shareholder coalitions in the UK," Other publications TiSEM f7b7fa79-dcc7-4499-8281-e, Tilburg University, School of Economics and Management.
- Marc Goergen & Christine A. Mallin & Eve Mitleton-Kelly & Ahmed Al-Hawamdeh & Iris H-Y Chiu, 2010. "Corporate Governance and Complexity Theory," Books, Edward Elgar Publishing, number 13927.
- Renneboog, L.D.R. & Trojanowski, G., 2002.
"The Managerial Labor Market and the Governance Role of Shareholder Control Structures in the UK,"
Other publications TiSEM
aee04553-20a7-475a-96e1-7, Tilburg University, School of Economics and Management.
- Renneboog, L.D.R. & Trojanowski, G., 2003. "The managerial labor market and the governance role of shareholder control structures in the UK," Other publications TiSEM a30fa565-3ce7-4bc3-b1c6-f, Tilburg University, School of Economics and Management.
- Renneboog, L.D.R. & Trojanowski, G., 2002. "The Managerial Labor Market and the Governance Role of Shareholder Control Structures in the UK," Discussion Paper 2002-68, Tilburg University, Center for Economic Research.
- Renneboog, L.D.R. & Trojanowski, G., 2003. "The managerial labor market and the governance role of shareholder control structures in the UK," Discussion Paper 2003-013, Tilburg University, Tilburg Law and Economic Center.
- Luis H. Gutiérrez & Carlos Pombo, 2005. "Valuación y gobierno corporativo: elementos de juicio de Colombia," Research Department Publications 3217, Inter-American Development Bank, Research Department.
- Goergen, Marc & Manjon, Miguel C. & Renneboog, Luc, 2008.
"Recent developments in German corporate governance,"
International Review of Law and Economics, Elsevier, vol. 28(3), pages 175-193, September.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-123, Tilburg University, Center for Economic Research.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Other publications TiSEM f1cb70de-0638-4cfc-baf6-b, Tilburg University, School of Economics and Management.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Discussion Paper 2004-014, Tilburg University, Tilburg Law and Economic Center.
- Goergen, M. & Manjon, M.C. & Renneboog, L.D.R., 2004. "Recent Developments in German Corporate Governance," Other publications TiSEM db2cef31-d47e-445d-ba35-d, Tilburg University, School of Economics and Management.
- Luis H. Gutiérrez & Carlos Pombo, 2005.
"Corporate Valuation and Governance: Evidence from Colombia,"
Research Department Publications
3216, Inter-American Development Bank, Research Department.
- Luis H Gutiérrez & Carlos Pombo, 2005. "Corporate Valuation and Governance: Evidence from Colombia," Borradores de Investigación 2203, Universidad del Rosario.
- Miguel C. Manjón, 2004. "The Trade-Off between Risk and Control in Corporate Ownership," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 160(2), pages 252-274, June.
- Crespi, R. & Renneboog, L.D.R., 2000.
"United we stand : Corporate Monitoring by Shareholder Coalitions in the UK,"
Other publications TiSEM
226b4a58-7d8a-436c-8376-c, Tilburg University, School of Economics and Management.
- Crespi, R. & Renneboog, L.D.R., 2000. "United we stand : Corporate Monitoring by Shareholder Coalitions in the UK," Discussion Paper 2000-18, Tilburg University, Center for Economic Research.
- Pombo, Carlos & Gutiérrez, Luis H., 2007.
"Corporate Governance and Firm Valuation in Colombia,"
IDB Publications (Working Papers)
1608, Inter-American Development Bank.
- Carlos Pombo & Luis H. Gutiérrez, 2007. "Corporate Governance and Firm Valuation in Colombia," Research Department Publications 4470, Inter-American Development Bank, Research Department.
- Crama, Y. & Leruth, L. & Renneboog, L.D.R., 2003. "Corporate control concentration measurement and firm performance," Discussion Paper 17, Tilburg University, Tilburg Law and Economic Center.
- Carlos Pombo & Luis H. Gutiérrez, 2007. "Gestión empresarial y valuación de empresas en Colombia," Research Department Publications 4471, Inter-American Development Bank, Research Department.
- Weiß, Christian, 2010. "The Ownership Concentration of Firms: Three Essays on the Determinants and Effects," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 30247, September.
- Rafel Crespí-Cladera & Carles Gispert, 2002. "Causes and Consequences of Block Share Purchases. Evidence from Spanish Non-Financial Firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 6(3), pages 235-254, September.
- Crama, Y. & Leruth, L. & Renneboog, L.D.R., 2003.
"Corporate control concentration measurement and firm performance,"
Discussion Paper
17, Tilburg University, Tilburg Law and Economic Center.
- Crama, Y. & Leruth, L. & Renneboog, L.D.R., 2003. "Corporate control concentration measurement and firm performance," Other publications TiSEM 3701bf7b-3df8-4f01-8bdf-8, Tilburg University, School of Economics and Management.
- Becht, Marco & Bolton, Patrick & Roell, Ailsa, 2003.
"Corporate governance and control,"
Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 1, pages 1-109,
Elsevier.
- Patrick Bolton & Marco Becht & Alisa Röell, 2002. "Corporate Governance and Control," NBER Working Papers 9371, National Bureau of Economic Research, Inc.
- Marco Becht & Patrick Bolton & Ailsa Roell, 2003. "Corporate governance and control," ULB Institutional Repository 2013/13330, ULB -- Universite Libre de Bruxelles.
- Ricardo Pereira Câmara Leal & André L. Carvalhal & Ana Paula Iervolino, 2015. "One Decade of Evolution of Corporate Governance Practices in Brazil," Brazilian Review of Finance, Brazilian Society of Finance, vol. 13(1), pages 134-161.
- de Jong, A. & Gispert, C. & Kabir, R. & Renneboog, L.D.R., 2003. "European corporate governance and firm performance : An empirical analysis," Discussion Paper 18, Tilburg University, Tilburg Law and Economic Center.
- de Jong, Abe & DeJong, Douglas V. & Mertens, Gerard & Wasley, Charles E., 2005. "The role of self-regulation in corporate governance: evidence and implications from The Netherlands," Journal of Corporate Finance, Elsevier, vol. 11(3), pages 473-503, June.
More about this item
Keywords
Corporate Governance; Disciplinary Mechanisms; Large Shareholders;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiucen:2eb3b282-9b90-4de9-b484-0f067fea1533. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: http://center.uvt.nl .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.