Search for dissertations about: "Dual-class shares"

Found 5 swedish dissertations containing the words Dual-class shares.

  2. 1. Essays on Voting Power, Corporate Governance and Capital Structure

    Author : Yinghong Chen; Göteborgs universitet; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; corporate governance; power indices; dual class of shares; pyramidal structure; owner control; firm performance; voting premium; Shapley-Shubik power index; Banzhaf power index; capital structure; firm leverage; profitability; tangibility; panel data;

    Abstract : This dissertation is divided into 4 essays. Each focuses on different aspect of firm risk and corporate governance issues. It mainly deals with corporate governance issues in the context of strong owner control and its implications to market efficiency. READ MORE

  4. 2. Corporate governance and controlling shareholders

    Author : Anete Pajuste; Handelshögskolan i Stockholm; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Abstract : The classical corporation, as described by Berle and Means (1932), was characterized by ownership that is dispersed between many small shareholders, yet control was concentrated in the hands of managers. This ownership structure created the conflict of interest between managers and dispersed shareholders. More recent empirical work (see, e.g. READ MORE

  5. 3. Corporate Governance, Private Property and Investment

    Author : Johan Eklund; Per-Olof Bjuggren; Jönköping University; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; Nationalekonomi;

    Abstract : Corporations have become the dominant organizational form in modern market economies, managing vast resources. Corporations are however associated with a number of governance problems. This dissertation deals with these corporate governance issues from an investment perspective. READ MORE

  6. 4. Information and control in financial markets

    Author : Samuel Lee; Handelshögskolan i Stockholm; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Abstract : Market Liquidity, Active Investment, and Markets for Information. This paper studies a financial market in which investors choose among investment strategies that exploit information about different fundamentals. On the one hand, the presence of other informed investors generates illiquidity. READ MORE

  7. 5. Essays in empirical corporate finance and governance

    Author : Mattias Nilsson; Handelshögskolan i Stockholm; []
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

    Abstract : Agency Costs of Controlling Minority Shareholders (coauthored with Henrik Cronqvist) estimates the agency costs of controlling minority shareholders (CMSs) using a panel of Swedish listed firms. CMSs are owners who have a control stake of the firm’s votes while owning only a minority fraction of the firm’s equity. READ MORE