The Value of the Voting Right: A Study of the Milan Stock Exchange Experience

Keywords

Voting, Stock exchange, Value (mathematics), Stock (firearms), Political science

References

• The value of the corporate voting right: Evidence from SwitzerlandMelchior Horner — 1988
• The free-rider problem and the theory of the corporationSanford J. Grossman, Oliver Hart — 1980
• Managerial ownership of voting rights: A study of public corporations with dual classes of common stock☆Harry DeAngelo, Linda DeAngelo — 1985
• Trading systems in European stock exchanges: current performance and policy optionsMarco Pagano, Ailsa Röell, Jean‐Pierre Danthine — 1990
• Restricted Voting Stock, Acquisition Premiums, and the Market Value of Corporate ControlWilliam L. Megginson — 1990
• Mergers and the Market for Corporate ControlHenry G. Manne — 1965
• Block Investment and Partial Benefits of Corporate ControlJeffrey Zwiebel — 1995
• Private benefits from control of public corporationsMichael J. Barclay, Clifford G. Holderness — 1989
• One Share/One Vote and the Market for Corporate ControlSanford J. Grossman, Oliver Hart — 1987
• Values of Large Games II: Oceanic GamesJohn Milnor, Lloyd S. Shapley — 1978
• The Market Value of Differential Voting Rights in Closely Held CorporationsRonald C. Lease, John J. McConnell, Wayne H. Mikkelson — 1984
• Insider Ownership and the Decision to Go PublicLuigi Zingales — 1995
• The Effect of Tax Heterogeneity on Prices and Volume around the Ex-Dividend Day: Evidence from the Milan Stock ExchangeRoni Michaely, Maurizio Murgia — 1995
• Corporate control contests and capital structureMilton Harris, Artur Raviv — 1988
• Price Premiums for Controlling Shares of Closely Held Bank StockLarry G. Meeker, O. Maurice Joy — 1980
• The market value of control in publicly-traded corporationsRonald C. Lease, John J. McConnell, Wayne H. Mikkelson — 1983
• Economic Evaluation of Voting Power of Common StockHaim Levy — 1983
• Large Shareholders and Corporate ControlAndrei Shleifer, Robert W. Vishny — 1986
• Takeover bids and the relative prices of shares that differ in their voting rightsKristian Rydqvist — 1992
• A Simple Implicit Measure of the Effective Bid‐Ask Spread in an Efficient MarketRichard Roll — 1984

Cited by

• The Principle of Proportional Ownership, Investor Protection and Firm Value in Western EuropeMorten Bennedsen, Kasper Meisner Nielsen — 2006
• Non-Voting Shares and the Value of Control: The Impact of Corporate Regulation in ItalyNadia Linciano — 2003
• Ownership Structure, Legal Protections and Corporate GovernanceI. J. Alexander Dyck — 2000
• Market misvaluation and earnings management. Evidence from Italian financial marketElisa Raoli — 2012
• Wpływ struktur własnościowych spółek giełdowych na kreację wartości dla akcjonariuszyAlina Szewc‐Rogalska — 2012
• The Law and Economics of Self-Dealing April, 2006Simeon Djankov, Rafael La Porta, Florencio López‐de‐Silanes — 2006
• Financial Interlocks and Earnings Management: Evidence from ItalyGaren Markarian, Antonio Parbonetti — 2009
• One Share One VoteTom Vinaimont, Piet Sercu — 2006
• The One-Share-One-Vote Controversy in the EU. CEPS ECMI Research Reports. No. 1, 3 August 2006Arman Khachaturyan — 2006
• CORPORATE OWNERSHIP AND CONTROL STRUCTURES AND FIRM PERFORMANCE:EVIDENCE FROM CONTROL POTENTIAL, AGENCY, AND CONTROL DOMINANCE-CONTESTABILITY PERSPECTIVES ON UK LISTED FIRMSAbdella Kormie Dinga — 2011
• A Rent-Protection Explanation for SEO Flotation-Method ChoiceXueping Wu, Zheng Wang, Jun Yao — 2014
• Corporate governance practices in Fiji: An empirical investigationKrishna Reddy, Umesh Sharma — 2011
• Owner Theory of the Firm, Corporate Malfeasance and Economic Predation: Principal and Agent Behavior, Costs, and GovernanceAlex Ng — 2013
• Corporate Debt MaturityKelvin Jui Keng Tan — 2011
• Agency Problems and Synergistic Effects in Romania: The Determinants of the Control PremiumVictor Dragotă, Carmen Lipară, Radu Ciobanu — 2013
• Corporate Groups and Minority Shareholder Wealth: A Role for Private Benefits?Maria Sole Brioschi, Giovanni Marseguerra, Stefano Paleari — 1999
• Earnings Management and Investor Protection: An International ComparisonChristian Leuz, Dhananjay Nanda, Peter D. Wysocki — 2002
• Alternative vs Traditional Corporate Governance Systems in Italy: An Empirical AnalysisCarlo Bellavite Pellegrini, Laura A. Pellegrini, Emiliano Sironi — 2010
• The Value of Private Benefits: Evidence from an Emerging Market for Corporate ControlChong‐En Bai, Qiao Liu, Frank M. Song — 2003
• Rationing of excessive demand on crowdinvesting-platformsOliver Mäschle — 2012

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