Ownership and Voting Power in Germany
- 10 October 2002
- book chapter
- Published by Oxford University Press (OUP)
Abstract
This paper analyses the voting control structure of industrial firms listed on the official market in Germany. Voting control is highly concentrated and few companies are widely held. Widely held companies typically have takeover defences in place, but these are increasingly eroded by the control and transparency law.Keywords
All Related Versions
This publication has 2 references indexed in Scilit:
- Ownership and Control of German CorporationsThe Review of Financial Studies, 2001
- European corporate governance: Trading off liquidity against controlEuropean Economic Review, 1999