Incentive and entrenchment effects in European ownership

Erhverv og økonomi

• Amenity Value 40%
• Bankruptcy 23%
• Cash Flow 21%
• Discount 67%
• Dividend Policy 29%
• Dual Class Shares 39%
• Entrenchment 100%
• European Firms 30%
• Family Firms 25%
• Incentive Effect 90%
• Industry 9%
• Investor Protection 29%
• Operating Performance 27%
• Ownership 69%
• Ownership Structure 24%
• Policy Implications 20%