- , 1996, “What Do Interlocks Do? An Analysis, Critique, and Assessment of Research on Interlocking Directorates,†Annual Review of Sociology, 22(1), 271–298.
Paper not yet in RePEc: Add citation now
- , 1997, “Corporate Ownership and Control in the U.K., Germany, and France,†Journal of Applied Corporate Finance, 9(4), 30–45.
Paper not yet in RePEc: Add citation now
- , 2001, “Ownership and Control of German Corporations,†The Review of Financial Studies, 14(4), 943–977.
Paper not yet in RePEc: Add citation now
Adams, R. B., B. E. Hermalin, and M. S. Weisbach, 2010, “The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey,†Journal of Economic Literature, 48(1), 58–107.
Aghion, P., and P. Bolton, 1992, “An Incomplete Contracts Approach to Financial Contracting, †The Review of Economic Studies, 59(3), 473–494.
Almeida, H., S. Y. Park, M. G. Subrahmanyam, and D. Wolfenzon, 2011, “The structure and formation of business groups: Evidence from Korean chaebols,†Journal of Financial Economics, 99(2), 447–475.
- Aoki, M., 1988, Information, Incentives and Bargaining in the Japanese Economy: A Microtheory of the Japanese Economy. Cambridge University Press, Cambridge.
Paper not yet in RePEc: Add citation now
- Aoki, M., G. Jackson, and H. Miyajima (eds.), 2007, Corporate governance in Japan: Institutional change and organizational diversity. Oxford University Press, New-York.
Paper not yet in RePEc: Add citation now
Attig, N., O. Guedhami, and D. Mishra, 2008, “Multiple large shareholders, control contests, and implied cost of equity,†Journal of Corporate Finance, 14(5), 721–737.
Attig, N., S. El Ghoul, O. Guedhami, and S. Rizeanu, 2013, “The governance role of multiple large shareholders: evidence from the valuation of cash holdings,†Journal of Management & Governance, 17(2), 419–451.
Barca, F., and M. Becht (eds.), 2001, The Control of Corporate Europe. Oxford University Press, New York.
- Bennedsen, M., and D. Wolfenzon, 2000, “The balance of power in closely held corporations, †Journal of Financial Economics, 58(1/2), 113–139.
Paper not yet in RePEc: Add citation now
- Berglöf, E., and E. Perotti, 1994, “The governance structure of the Japanese ï¬nancial keiretsu,†Journal of Financial Economics, 36(2), 259–284.
Paper not yet in RePEc: Add citation now
- Berle, A. A., and G. C. Means, 1932, The modern corporation and private property. The Macmillan Company, New York.
Paper not yet in RePEc: Add citation now
- Bloch, F., and U. Hege, 2001, “Multiple Shareholders and Control Contests,†Working paper no 01A16, GREQAM.
Paper not yet in RePEc: Add citation now
- Bloch, L., and E. Kremp, 2001, “Ownership and Voting Power in France,†in The Control of Corporate Europe, ed. by F. Barca, and M. Becht. Oxford University Press, New York, chap. 4, pp. 106–127.
Paper not yet in RePEc: Add citation now
Blundell, R. W., and R. J. Smith, 1989, “Estimation in a Class of Simultaneous Equation Limited Dependent Variable Models,†The Review of Economic Studies, 56(1), 37–57.
- Bohman, L., 2012, “Bringing the owners back in: An analysis of a 3-mode interlock network,†Social Networks, 34(2), 275 – 287.
Paper not yet in RePEc: Add citation now
- Booth, J. R., and D. N. Deli, 1996, “Factors affecting the number of outside directorships held by CEOs,†Journal of Financial Economics, 40(1), 81–104.
Paper not yet in RePEc: Add citation now
Booth, J. R., M. M. Cornett, and H. Tehranian, 2002, “Boards of directors, ownership, and regulation,†Journal of Banking & Finance, 26(10), 1973–1996.
Bouwman, C. H. S., 2011, “Corporate Governance Propagation through Overlapping Directors, †Review of Financial Studies, 24(7), 2358–2394.
Bradbury, M. E., and Y. Mak, 2000, “Ownership structure, board composition and the adoption of charter takeover procedures,†Journal of Corporate Finance, 6(2), 165–188.
- Brioschi, F., L. Buzzacchi, and M. G. Colombo, 1989, “Risk capital ï¬nancing and the separation of ownership and control in business groups,†Journal of Banking & Finance, 13(4-5), 747–772.
Paper not yet in RePEc: Add citation now
Bugeja, M., R. D. S. Rosa, and A. Lee, 2009, “The Impact of Director Reputation and Performance on the Turnover and Board Seats of Target Firm Directors,†Journal of Business Finance & Accounting, 36(1-2), 185–209.
- Burris, V., 2005, “Interlocking Directorates and Political Cohesion among Corporate Elites,†American Journal of Sociology, 111(1), 249–283.
Paper not yet in RePEc: Add citation now
Carney, R. W., and T. B. Child, 2013, “Changes to the ownership and control of East Asian corporations between 1996 and 2008: The primacy of politics,†Journal of Financial Economics, 107(2), 494–513.
Chapelle, A., and A. Szafarz, 2005, “Controlling ï¬rms through the majority voting rule,†Physica A: Statistical Mechanics and its Applications, 355(2–4), 509–529.
Chikh, S., and J.-Y. Filbien, 2011, “Acquisitions and CEO power: Evidence from French networks,†Journal of Corporate Finance, 17(5), 1221–1236.
Claessens, S., S. Djankov, and L. H. P. Lang, 2000, “The separation of ownership and control in East Asian Corporations,†Journal of Financial Economics, 58(1/2), 81–112.
Dahya, J., O. Dimitrov, and J. J. McConnell, 2008, “Dominant shareholders, corporate boards, and corporate value: A cross-country analysis,†Journal of Financial Economics, 87(1), 73–100.
Demsetz, H., and B. Villalonga, 2001, “Ownership structure and corporate performance,†Journal of Corporate Finance, 7(3), 209–233.
Dhillon, A., and S. Rossetto, 2009, “Corporate Control and Multiple Large Shareholders,†Working paper no 891, The Warwick Economics Research Paper Series.
Dietzenbacher, E., and U. Temurshoev, 2008, “Ownership relations in the presence of cross-shareholding,†Journal of Economics, 95(3), 189–212.
Dittmann, I., E. Maug, and C. Schneider, 2010, “Bankers on the Boards of German Firms: What They Do, What They Are Worth, and Why They Are (Still) There,†Review of Finance, 14(1), 35–71.
Edmans, A., and G. Manso, 2011, “Governance Through Trading and Intervention: A Theory of Multiple Blockholders,†The Review of Financial Studies, 24(7), 2395–2428.
Edwards, J., and M. Nibler, 2000, “Corporate Governance in Germany: The Role of Banks and Ownership Concentration,†Economic Policy, 15(31), 237–267.
Enriques, L., and P. Volpin, 2007, “Corporate Governance Reforms in Continental Europe, †Journal of Economic Perspectives, 21(1), 117–140.
Faccio, M., and L. H. P. Lang, 2002, “The ultimate ownership of Western European corporations,†Journal of Financial Economics, 65(3), 365–395.
Fich, E. M., and A. Shivdasani, 2007, “Financial fraud, director reputation, and shareholder wealth,†Journal of Financial Economics, 86(2), 306–336.
Fich, E. M., and L. J. White, 2005, “Why do CEOs reciprocally sit on each other’s boards?,†Journal of Corporate Finance, 11(1-2), 175–195.
Flath, D., 1989, “Vertical integration by means of shareholding interlocks,†International Journal of Industrial Organization, 7(3), 369–380.
- Franks, J., and C. Mayer, 1990, “Takeovers: Capital Markets and Corporate Control: A Study of France, Germany and the UK,†Economic Policy, 5(10), 189–231.
Paper not yet in RePEc: Add citation now
- Franks, J., C. Mayer, and H. Miyajima, 2012, “The Ownerhip of Japanese Corporations in the 20th Century,†Working paper.
Paper not yet in RePEc: Add citation now
- Gibbons, R., 2005, “Four formal(izable) theories of the ï¬rm?,†Journal of Economic Behavior & Organization, 58(2), 200–245.
Paper not yet in RePEc: Add citation now
Goergen, M., M. C. Manjon, and L. Renneboog, 2008, “Recent developments in German corporate governance,†International Review of Law and Economics, 28(3), 175–193.
- Gomes, A., and W. Novaes, 2005, “Sharing of Control versus Monitoring as Corporate Governance Mechanisms,†Working paper no 277111, SSRN.
Paper not yet in RePEc: Add citation now
- Gorton, G., and F. A. Schmid, 2000, “Universal banking and the performance of German ï¬rms,†Journal of Financial Economics, 58(1-2), 29–80.
Paper not yet in RePEc: Add citation now
Gutiérrez, L. H., C. Pombo, and R. Taborda, 2008, “Ownership and control in Colombian corporations,†The Quarterly Review of Economics and Finance, 48(1), 22–47.
hal-00842582,version1-8Jul2013 Bebchuk, L. A., R. Kraakman, and G. Triantis, 2000, “Stock pyramids, cross-ownership, and dual class equity: the mechanisms and agency costs of separating control from cash-flow rights,†in Concentrated corporate ownership, ed. by R. K. Morck. University of Chicago Press, pp. 295–318.
- hal-00842582,version1-8Jul2013 Blundell, R. W., and R. J. Smith, 1993, “Simultaneous microeconometric models with censored or qualitative dependent variables,†in Handbook of Statistics, ed. by G. S.
Paper not yet in RePEc: Add citation now
hal-00842582,version1-8Jul2013 Byrd, D. T., and M. S. Mizruchi, 2005, “Bankers on the board and the debt ratio of ï¬rms,†Journal of Corporate Finance, 11(1-2), 129–173.
hal-00842582,version1-8Jul2013 Denis, D. J., and A. Sarin, 1999, “Ownership and board structures in publicly traded corporations,†Journal of Financial Economics, 52(2), 187–223.
hal-00842582,version1-8Jul2013 Ferreira, M. A., and P. Matos, 2012, “Universal Banks and Corporate Control: Evidence from the Global Syndicated Loan Market,†Review of Financial Studies, 25(9), 2703– 2744.
hal-00842582,version1-8Jul2013 Ginglinger, E., W. Megginson, and T. Waxin, 2011, “Employee ownership, board representation, and corporate ï¬nancial policies,†Journal of Corporate Finance, 17(4), 868– 887.
hal-00842582,version1-8Jul2013 Hillman, A. J., A. A. Cannella, and R. L. Paetzold, 2000, “The Resource Dependence Role of Corporate Directors: Strategic Adaptation of Board Composition in Response to Environmental Change,†Journal of Management Studies, 37(2), 235–256.
- hal-00842582,version1-8Jul2013 Khanna, T., and C. Thomas, 2009, “Synchronicity and ï¬rm interlocks in an emerging market,†Journal of Financial Economics, 92(2), 182–204.
Paper not yet in RePEc: Add citation now
hal-00842582,version1-8Jul2013 Masulis, R. W., P. K. Pham, and J. Zein, 2011, “Family Business Groups around the World: Financing Advantages, Control Motivations, and Organizational Choices,†Review of Financial Studies, 24(11), 3556–3600.
hal-00842582,version1-8Jul2013 Pagano, M., and A. Röell, 1998, “The choice of ownership structure: agency costs, monitoring, and the decision to go public,†Quarterly Journal of Economics, 113(1), 187–225.
hal-00842582,version1-8Jul2013 Stuart, T. E., and S. Yim, 2010, “Board interlocks and the propensity to be targeted in private equity transactions,†Journal of Financial Economics, 97(1), 174–189.
Hallock, K. F., 1997, “Reciprocally Interlocking Boards of Directors and Executive Compensation, †Journal of Financial and Quantitative Analysis, 32(03), 331–344.
Hart, O. D., 1995, Firms, Contracts, and Financial Structure. Clarendon Press, Oxford.
- Hausman, J. A., 1978, “Speciï¬cation Tests in Econometrics,†Econometrica, 46(6), 1251– 1271.
Paper not yet in RePEc: Add citation now
- Hoekman, J., K. Frenken, and R. J. Tijssen, 2010, “Research collaboration at a distance: Changing spatial patterns of scientiï¬c collaboration within Europe,†Research Policy, 39(5), 662–673.
Paper not yet in RePEc: Add citation now
Hwang, B.-H., and S. Kim, 2009, “It pays to have friends,†Journal of Financial Economics, 93(1), 138–158.
- Jackson, M. O., 2008, Social and economic networks. Princeton University Press.
Paper not yet in RePEc: Add citation now
Jenkinson, T., and A. Ljungqvist, 2001, “The role of hostile stakes in German corporate governance,†Journal of Corporate Finance, 7(4), 397–446.
- Köke, J., 2004, “The market for corporate control in a bank-based economy: a governance device?,†Journal of Corporate Finance, 10(1), 53–80.
Paper not yet in RePEc: Add citation now
Kaplan, S. N., 1994, “Top Executives, Turnover, and Firm Performance in Germany,†Journal of Law, Economics, and Organization, 10(1), 142–159.
Kaplan, S. N., and B. A. Minton, 1994, “Appointments of outsiders to Japanese boards: Determinants and implications for managers,†Journal of Financial Economics, 36(2), 225 – 258.
Kaplan, S. N., and D. Reishus, 1990, “Outside directorships and corporate performance,†Journal of Financial Economics, 27(2), 389–410.
Khanna, T., and Y. Yafeh, 2007, “Business Groups in Emerging Markets: Paragons or Parasites?,†Journal of Economic Literature, 45(2), 331–372.
Kramarz, F., and D. Thesmar, 2006, “Social Networks in the Boardroom,†Working paper no 878678, SSRN.
- Kroszner, R. S., and P. E. Strahan, 2001, “Bankers on boards: monitoring, conflicts of interest, and lender liability,†Journal of Financial Economics, 62(3), 415–452.
Paper not yet in RePEc: Add citation now
Laeven, L., and R. Levine, 2008, “Complex Ownership Structures and Corporate Valuations, †Review of Financial Studies, 21(2), 579–604.
Lindsey, L., 2008, “Blurring Firm Boundaries: The Role of Venture Capital in Strategic Alliances,†Journal of Finance, 63(3), 1137–1168.
- Mátyás, L., 1997, “Proper econometric speciï¬cation of the gravity model,†The world economy, 20(3), 363–368.
Paper not yet in RePEc: Add citation now
- Mace, M. L., 1971, Directors: Myth and Reality. Harvard Business School Press, Boston.
Paper not yet in RePEc: Add citation now
Mak, Y., and Y. Li, 2001, “Determinants of corporate ownership and board structure: evidence from Singapore,†Journal of Corporate Finance, 7(3), 235–256.
Maury, B., and A. Pajuste, 2005, “Multiple large shareholders and ï¬rm value,†Journal of Banking & Finance, 29(7), 1813–1834.
- Mizruchi, M. S., 1992, The structure of corporate political action: Interï¬rm relations and their consequences. Harvard University Press, Cambridge, United States.
Paper not yet in RePEc: Add citation now
Morck, R. K., and M. Nakamura, 1999, “Banks and corporate control in Japan,†The Journal of Finance, 54(1), 319–339.
- Morin, F., 2000, “A Transformation in the French Model of Shareholding and Management, †Economy and Society, 29(1), 36–53.
Paper not yet in RePEc: Add citation now
Newey, W. K., 1987, “Efficient estimation of limited dependent variable models with endogenous explanatory variables,†Journal of Econometrics, 36(3), 231–250.
- Pfeffer, J., and G. Salancik, 2003, The external control of organizations: A resource dependence perspective. Stanford Business Books.
Paper not yet in RePEc: Add citation now
Rivers, D., and Q. H. Vuong, 1988, “Limited information estimators and exogeneity tests for simultaneous probit models,†Journal of Econometrics, 39(3), 347–366.
- Robinson, D. T., and T. E. Stuart, 2007, “Network Effects in the Governance of Strategic Alliances,†Journal of Law, Economics & Organization, 23(1), 242–273.
Paper not yet in RePEc: Add citation now
- Rosenstein, S., and J. G. Wyatt, 1997, “Inside directors, board effectiveness, and shareholder wealth,†Journal of Financial Economics, 44(2), 229–250.
Paper not yet in RePEc: Add citation now
Santos, J. A. C., and A. S. Rumble, 2006, “The American keiretsu and universal banks: Investing, voting and sitting on nonï¬nancials’ corporate boards,†Journal of Financial Economics, 80(2), 419–454.
Shivdasani, A., 1993, “Board composition, ownership structure, and hostile takeovers,†Journal of Accounting and Economics, 16(1-3), 167–198.
Singh, M., and W. N. Davidson III, 2003, “Agency costs, ownership structure and corporate governance mechanisms,†Journal of Banking & Finance, 27(5), 793–816.
Smith, R. J., and R. W. Blundell, 1986, “An Exogeneity Test for a Simultaneous Equation Tobit Model with an Application to Labor Supply,†Econometrica, 54(3), 679–685.
Sullivan, R. J., and K. R. Spong, 2007, “Manager Wealth Concentration, Ownership Structure, and Risk in Commercial Banks,†Journal of Financial Intermediation, 16(2), 229–248.
Terza, J. V., A. Basu, and P. J. Rathouz, 2008, “Two-stage residual inclusion estimation: Addressing endogeneity in health econometric modeling,†Journal of Health Economics, 27(3), 531–543.
- Tirole, J., 2006, The theory of corporate ï¬nance. Princeton University Press, Princeton.
Paper not yet in RePEc: Add citation now
- Wooldridge, J. M., 2008, Econometric analysis of cross section and panel data. MIT Press, Cambridge, MA.
Paper not yet in RePEc: Add citation now
Yeh, Y.-H., and T. Woidtke, 2005, “Commitment or entrenchment? Controlling shareholders and board composition,†Journal of Banking & Finance, 29(7), 1857–1885.
Yermack, D., 2004, “Remuneration, Retention, and Reputation Incentives for Outside Directors,†Journal of Finance, 59(5), 2281–2308.
- Zwiebel, J., 1995, “Block investment and partial beneï¬ts of corporate control,†Review of Economic Studies, 62(2), 161–185. hal-00842582,version1-8Jul2013
Paper not yet in RePEc: Add citation now