Indirect control of corporations

Indirect control of corporations

0.00 Avg rating0 Votes
Article ID: iaor19952235
Country: Germany
Volume: 23
Start Page Number: 287
End Page Number: 302
Publication Date: Apr 1994
Journal: International Journal of Game Theory
Authors: ,
Abstract:

The authors consider situations in which shares of n firms are held by the same n firms as well as by individual investors. The problem is to determine the actual control of the firms by the individual investors. In part 1, the authors develop the mathematical model, and explain the basic notions of clutter and of effective reduction. In part 2 they introduce the idea of a consistent reduction, prove existence of such, and show the relation between consistent and effective reductions. In part 3 the authors introduce multilinear extensions and show how these can be used to calculate the effective and consistent reductions. Several examples are worked out in detail.

Reviews

Required fields are marked *. Your email address will not be published.