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Florian, Ederer ; Martin, Schmalz ; Miguel, Anton ; Mireia, Gine ; Florian, Ederer ; Martin, Schmalz. (2016) Common Ownership, Competition, and Top Management Incentives.
In: Cowles Foundation Discussion Papers. RePEc:cwl:cwldpp:2046.
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cites:
over whether the findings documented by Azar et al. (2015, 2016) constitute a violation of antitrust laws, and which tools are necessary to enforce them (Elhauge, 2016; Baker, 2016).22 Finally, the summary statistics on common ownership concentration (MHHID), the main right-hand-side variable in our study, are a significant contribution to the fast-growing literature on common ownership. Previous papers have provided measures of ownership for various markets within an industry, but none has calculated common ownership concentration (MHHID) across several industries and across time.
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