Cross‐border corporate ownership and capital market integration in Europe: evidence from portfolio and industrial holdings.
The level and determinants of cross‐border holdings are evaluated using data on the ownership structures of 711 MSCI index companies in 16 European countries. The level of foreign ownership in the 16 countries is significant, but spread unevenly, with US financial institutions controlling the majori...
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Format: | Journal article |
Language: | English |
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Oxford University Press
2002
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