Corporate Ownership and Control Contestability in Emerging Markets: the Case of Colombia

This paper studies the structure of voting control and block holders' contestability in Colombia for a sample of 233 non-financial listed firms during 1996-2004 period. Corporate control is characterized by high ownership concentration and block holder power, which implies low separation ratios...

Full description

Autores:

Gutiérrez Ramírez, Luis Hernando
Pombo Vejarano, Carlos

Tipo de recurso:

Work document

Fecha de publicación:

2007

Institución:

Universidad de los Andes

Repositorio:

Séneca: repositorio Uniandes

Idioma:

spa

OAI Identifier:

oai:repositorio.uniandes.edu.co:1992/46382

Acceso en línea:

http://hdl.handle.net/1992/46382

Palabra clave:

Corporate control
Multiple blockholders
Corporate governance
Firm value
Colombian corporations
Corporaciones - Valoración - Modelos econométricos
Accionistas - Investigaciones - Colombia
Mercados emergentes - Estudio de casos
Administración

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/4.0/