Additional evidence on equity ownership and corporate value☆
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This paper has benefited from the helpful comments of Anup Agrawal, Stuart Gilson, Michael Jensen, Stacey Kole, Claudio Loderer, Hamid Mehran, Dennis Sheehan, and Marc Zenner, from a presentation at Boston College, and from the careful research assistance of Jeff Billig and Ken Carow. Servaes is grateful for financial support provided by the Graduate School of Business of the University of Chicago.
Copyright © 1990 Published by Elsevier B.V.