The role of hostile stakes in German corporate governance

This paper uses clinical evidence to show how the German system of corporate control and governance is both more active and more hostile than has previously been suggested. It provides a complete breakdown of ownership and takeover defence patterns in German listed companies and finds highly fragmen...

Fuld beskrivelse

Bibliografiske detaljer
Main Authors: Jenkinson, T, Ljungqvist, A
Format: Working paper
Udgivet: University of Oxford 1999