Article ID Journal Published Year Pages File Type
5083865 International Review of Economics & Finance 2013 16 Pages PDF
Abstract
► Latin American firms use corporate governance mechanisms that are complements. ► Firm value is discounted due to the separation of ownership and control. ► Blockholders independent of the dominant shareholders assume monitoring roles. ► Latin-American firms are overleveraged. ► Firms are interconnected and blockholders may collaborate in an extra-firm scale.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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