Private benefits of public control: Evidence of political and economic benefits of state ownership
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DOI: 10.1016/j.jcorpfin.2017.07.001
Abstract: Although governments are the majority shareholders in many of the world's largest and most important firms, we know very little about the role of the state as majority shareholder and the potential agency conflicts that… read more here.
Keywords: state; shareholder; state control; private benefits ... See more keywords