Financial valuation of the German model: the negative relationship between ownership concentration and stock market returns, 1997-2001

Believed to be a robust alternative to Anglo-American market capitalism, the virtues of the German model are increasingly disputed as doubts are raised about its long-term prospects. At the core of the German model is a system of corporate governance that is characterized by concentrated ownership a...

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Príomhchruthaitheoirí: Clark, G, Wójcik, D
Formáid: Journal article
Teanga:English
Foilsithe / Cruthaithe: Clark University, MA, USA 2005