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One Share/One Vote and the Market for Corporate Control

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NBER1987-08-01 更新2025-01-04 收录
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A corporation's securities provide the holder with particular claims on the firm's income stream and particular voting rights. These securities can be designed in various ways: one share of a particular class may have a claim to votes which is disproportionately larger or smaller than its claim to

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1987-08-01
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