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Erschienen in:
2010 | OriginalPaper | Buchkapitel
Introduction
verfasst von : Friedel Drees
Erschienen in: Motives for and Consequences of Minority Equity Purchases
Verlag: Gabler
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The notion of diffuse stock ownership and its inherent problems is well entrenched in financial research. It has already been addressed by early economists such as Smith (1776) and Berle and Means (1932).The latter state:
“['] the dissolution of the old atom of ownership into its parts, control and beneficial ownership ['] destroys the very foundation on which the economic order of the past centuries has rested.”