Essays about: "Marko Zivkovic"

Found 1 essay containing the words Marko Zivkovic.

  1. 1. Expropriation of Minority Shareholders: A Study on Swedish Market between 1985 and 2007

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : John-Peter Vinnars; Marko Zivkovic; [2009]
    Keywords : minority expropriation; separation; ownership concentration; M A expropriation; ownership characteristics;

    Abstract : Based on a sample of company observations on the Stockholm Stock Exchange in the period 1985-2007, we find evidence that the tendency of largest shareholders to expropriate other shareholders rise with their control rights and the difference between their control rights and cash flow rights. Looking at different types of largest shareholders, for largest shareholders classified as financial institutions, spheres, individuals and private equity firms the tendency to expropriate other shareholders rises with ownership of control rights, while for financial institutions it also rises with the separation of control rights and cash flow rights. READ MORE