Spending less time with the family: the decline of family ownership in the UK
Family ownership was rapidly diluted in the twentieth century in Britain. Issuance of equity in the process of acquisitions was the main cause. In the first half of the century, it occurred in the absence of minority investor protection and relied on directors of target firms protecting the interest...
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| Format: | Working paper |
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University of Oxford
2003
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Spending Less Time with the Family: The Decline of Family Ownership in the UK
Published 2004
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Spending Less Time with the Family: The Decline of Family Ownership in the UK.
Published 2004
Working paper