| Journal: | Revista de economia politica |
| Database: | CLASE |
| System number: | 000280348 |
| ISSN: | 0101-3157 |
| Authors: | Aldrighi, Dante Mendes1 Mazzer Neto, Roberto |
| Institutions: | 1Universidade de Sao Paulo, Departamento de Economia, Sao Paulo. Brasil |
| Year: | 2005 |
| Season: | Abr-Jun |
| Volumen: | 25 |
| Number: | 2 |
| Pages: | 115-137 |
| Country: | Brasil |
| Language: | Portugués |
| Document type: | Artículo |
| Approach: | Analítico |
| English abstract | This paper has as its main objective to measure the magnitude of deviations between control rights and cash-flow rights for the ultimate shareholder with the largest voting rights of limited liability companies in Brazil. Furthermore, it pinpoints how these discrepancies are generated, evaluating the relative importance of the issuance of preferred stocks with no voting rights, pyramidal arrangements of ownership, and cross-shareholdings. The data set embraces 602 companies that in 2001 complied with the mandatory requirement of filing to the CVM |
| Disciplines: | Economía |
| Keyword: | Empresas, Brasil, Control corporativo, Control accionario, Derechos de propiedad, Legislación |
| Full text: | Texto completo (Ver HTML) |
