Browsing by Keyword "Mandatory bid rule"
Now showing items 1-2 of 2
Regulatory dualism as a development strategy: corporate reform in Brazil, the United States, and the European Union
2011-03Countries pursuing economic development confront a fundamental obstacle. Reforms that increase the size of the overall pie are blocked by powerful interests that are threatened by the growth-inducing changes. This problem ...
The relevance of tag along rights and identity of controlling shareholders for the price spreads between dual-class shares: the Brazilian case
2010-03-01This paper analyzes the determinants of the differential pricing of equity classes (the so-called dual-class premium [DCP]) in Brazil from 1995 to 2006 with a focus on two specific corporate governance aspects: i) the ...