Abdi, F. ; Ranaldo, A. A simple estimation of bid-ask spreads from daily close, high, and low prices. 2017 Review of Financial Studies. 30 4437-4480
Aggarwal, R. ; Klapper, L. ; Wysocki, P.D. Portfolio preferences of foreign institutional investors. 2005 Journal of Banking & Finance. 29 2919-2946
Alvarez, R. ; Jara, M. ; Pombo, C. Do institutional blockholders influence corporate investment? Evidence from emerging markets. 2018 Journal of Corporate Finance. 53 38-64
Amihud, Y. Illiquidity and stock returns: Cross-section and time-series effects. 2002 Journal of Financial Markets. 5 31-56
Barclay, J. ; Holderness, C.G. Negotiated block trades and corporate control. 1991 The Journal of Finance. 25 861-878
- Bebchuk, L. ; Kraakman, R. ; Triantis, G. Stock pyramids, cross-ownership, and dual class equity: The creation and agency costs of separating control from cash flow rights. 1999 National Bureau of Economic Research: Cambridge MA, February
Paper not yet in RePEc: Add citation now
- Bekaert, G. ; Harvey, C.R. ; Lumsdaine, R. Dating the integration of world capital markets. 2002 Journal of Financial Economics. 65 203-249
Paper not yet in RePEc: Add citation now
- Bennedsen, M. ; Wolfenzon, D. The balance of power in closely held corporations. 2000 Journal of Financial Economics. 58 113-139
Paper not yet in RePEc: Add citation now
Breusch, T.S. ; Pagan, A.R. A simple test for heteroscedasticity and random coefficient variation. 1979 Econometrica. 47 1287-1294
Carvalhal-Da-Silva, A. ; Subrahmanyam, A. Dual-class premium, corporate governance, and the mandatory bid rule: Evidence from the Brazilian stock market. 2007 Journal of Corporate Finance. 13 1-24
Choi, H.M. ; Cho, Y.G. ; Sul, W. Ownership-control disparity and foreign investors' ownership: Evidence from the Korean stock market. 2014 Emerging Markets Finance and Trade. 50 178-193
- Choi, H.M. ; Sul, W. ; Min, S.K. Foreign board membership and firm value in Korea. 2012 Management Decision. 50 207-233
Paper not yet in RePEc: Add citation now
Choi, W.Y. ; Cho, S.H. Shareholder activism in Korea: An analysis of PSPD's activities. 2003 Pacific-Basin Finance Journal. 11 349-363
Chung, K.H. ; Kim, J.K. Corporate ownership and the value of a vote in an emerging market. 1999 Journal of Corporate Finance. 5 35-54
Claessens, S. ; Djankov, S. ; Lang, L.H.P. The separation of ownership and control in East Asian corporations. 2000 Journal of Financial Economics. 58 81-112
Cornett, M.M. ; Marcus, A.J. ; Saunders, A. ; Tehranian, H. The impact of institutional ownership on corporate operating performance. 2007 Journal of Banking & Finance. 31 1771-1794
Doidge, C. U.S. cross-listings and the private benefits of control: Evidence from dual-class firms. 2004 Journal of Financial Economics. 72 519-553
Domowitz, I. ; Glen, J. ; Madhavan, A. Market segmentation and stock prices: Evidence from an emerging market. 1997 The Journal of Finance. 52 1059-1086
- Dyck, A. ; Zingales, L. Private benefits of control: An international comparison. 2004 The Journal of Finance. 59 537-600
Paper not yet in RePEc: Add citation now
Faccio, M. ; Lang, L.H.P. The ultimate ownership of Western European corporations. 2002 Journal of Financial Economics. 65 365-395
Ferris, S.P. ; Kim, K.A. ; Kitsabnnarat, P. The costs (and benefits?) of diversified business group: The case of Korean chaebols. 2003 Journal of Banking & Finance. 27 251-273
Gao, F. ; Zhang, X. The impact of the Sarbanes-Oxley Act on the dual-class voting premium. 2019 The Journal of Law and Economics. 62 181-214
Gardiol, L. ; Gibson-Asner, R. ; Tuchsmid, N.S. Are liquidity and corporate control priced by shareholders? Empirical evidence from Swiss dual class shares. 1997 Journal of Corporate Finance. 3 299-323
Giannetti, M. ; Koskinen, Y. Investor protection, equity returns, and financial globalization. 2010 Journal of Financial and Quantitative Analysis. 45 135-168
- Globner, S. Investor horizons, long-term blockholders, and corporate social responsibility. 2019 Journal of Banking & Finance. 103 78-97
Paper not yet in RePEc: Add citation now
Hartzell, J.C. ; Starks, L.T. Institutional investors and executive compensation. 2003 The Journal of Finance. 58 2351-2374
- Hong, H.A. Does mandatory adoption of international financial reporting standards decrease the voting premium for dual-class shares?. 2013 The Accounting Review. 88 1289-1325
Paper not yet in RePEc: Add citation now
Jara-Bertin, M. ; Lopez-Iturriage, F. ; Lopez-de-Foronda, O. The contest to the control in European family firms: How other shareholders affect firm value. 2008 Corporate Governance: An International Review. 16 146-159
- Joh, S.W. Corporate governance and firm profitability: Evidence from Korea before the economic crisis. 2003 Journal of Financial Economics. 68 287-322
Paper not yet in RePEc: Add citation now
Kang, J.K. ; Luo, J. ; Na, H.S. Are institutional investors with multiple blockholdings effective monitors?. 2018 Journal of Financial Economics. 128 576-602
- Korea Fair Trade Commission, (2018, Nov 13). Analysis on holding company. 2018 News release. -
Paper not yet in RePEc: Add citation now
La Porta, R. ; López-de-Silanes, F. ; Shleifer, A. Corporate ownership around the world. 1999 The Journal of Finance. 54 471-517
La Porta, R. ; López-de-Silanes, F. ; Shleifer, A. ; Vishny, R. Investor protection and corporate governance. 2000 Journal of Financial Economics. 58 3-27
- La Porta, R. ; López-de-Silanes, F. ; Shleifer, A. ; Vishny, R. Law and finance. 1998 Journal of Political Economy. 106 1113-1155
Paper not yet in RePEc: Add citation now
Lease, R.C. ; McConnell, J.J. ; Mikkelson, W.H. The market value of control in publicly-traded corporations. 1983 Journal of Financial Economics. 11 439-471
- Levit, D. ; Malenko, N. ; Maug, E. The voting premium. 2021 Working Papers. -
Paper not yet in RePEc: Add citation now
Li, D. ; Moshirian, F. ; Pham, P.K. ; Zein, J. When financial institutions are large shareholders: The role of macro corporate governance environments. 2006 The Journal of Finance. 61 2975-3007
- Li, T. ; Zaiats, N. Corporate governance and firm value at dual class firms. 2017 Review of Financial Economics. 36 47-71
Paper not yet in RePEc: Add citation now
- Lim, B. ; Yoon, P.S. ; Choi, H. The effect of controlling shareholders' ownership on voting premium. 2019 Korean Management Review. 48 1515-1544
Paper not yet in RePEc: Add citation now
Lins, K.V. Equity ownership and firm value in emerging markets. 2003 Journal of Financial and Quantitative Analysis. 38 159-184
- Modigliani, F. ; Perotti, E. Protection of minority interest and the development of security markets. 1998 Managerial and Decision Economics. 18 519-528
Paper not yet in RePEc: Add citation now
Muravyev, A. ; Berezinets, I. ; Ilina, Y. The structure of corporate boards and private benefits of control: Evidence from the Russian stock exchange. 2014 International Review of Financial Analysis. 34 247-261
- Nenova, T. The value of corporate voting rights and control: A cross country analysis. 2003 Journal of Financial Economics. 68 325-351
Paper not yet in RePEc: Add citation now
Neumann, R. Price differentials between dual-class stocks: Voting premium or liquidity discount. 2003 European Financial Management. 9 315-332
Nicodano, G. ; Sembenelli, A. Private benefits, block transaction premiums and ownership structure. 2004 International Review of Financial Analysis. 13 227-244
Odegaard, B.A. Price differences between equity classes. Corporate control, foreign ownership or liquidity?. 2007 Journal of Banking & Finance. 31 3621-3645
- Parrino, R. ; Sias, R.W. ; Starks, L.T. Voting with their feet: Institutional ownership changes around forced CEO turnover. 2003 Journal of Financial Economics. 68 3-46
Paper not yet in RePEc: Add citation now
Petersen, M.A. Estimating standard errors in finance panel data sets: Comparing approaches. 2009 Review of Financial Studies. 22 435-480
Rydqvist, K. Takeover bids and the relative prices of shares that differ in their voting rights. 1996 Journal of Banking & Finance. 20 1407-1425
- Sancetta, G. ; Cucari, N. ; Falco, De ; E, S. Positive or negative premium: What happened to private benefits in Italy?. 2018 Corporate Ownership and Control. 15 92-100
Paper not yet in RePEc: Add citation now
Shleifer, A. ; Vishny, W. A survey of corporate governance. 1997 The Journal of Finance. 52 737-783
Shleifer, A. ; Vishny, W. Large shareholders and corporate control. 1986 Journal of Political Economy. 94 461-488
Zingales, L. The value of the voting right: A study of the milan stock exchange experience. 1994 Review of Financial Studies. 7 125-148
Zingales, L. What determines the value of corporate votes?. 1995 Quarterly Journal of Economics. 110 1047-1073