Foreword, Ronald J. Daniels
Acknowledgments
Introduction, Randall K. Morck
I. The Origins of Ownership Structure
1. The Determinants of Corporate Venture Capital Success: Organizational Structure, Incentives, and Complementarities
Paul A. Gompers and Josh Lerner
Comment: Michael S. Weisbach
2. Ownership Structures and the Decision to Go Public: Private versus Social Optimality
Lucian Arye Bebchuk and Luigi Zingales
Comment: Merritt B. Fox
3. Some of the Causes and Consequences of Corporate Ownership Concentration in Canada
Ronald J. Daniels and Edward M. Iacobucci
Comment: George G. Triantis
4. Corporations and Taxation: A Largely Private Matter?
Robert D. Brown, Jack M. Mintz, and Thomas A. Wilson
Comment: Daniel Feenberg
II. The Law and Concentrated Corporate Ownership
5. Constraints on Large-Block Shareholders
Clifford G. Holderness and Dennis P. Sheehan
Comment: Mark R. Huson
6. Trust and Opportunism in Close Corporations
Paul G. Mahoney
Comment: Larry Y. Dann
7. Waiting for the Omelette to Set: Match-Specific Assets and Minority Oppression
Edward B. Rock and Michael L. Wachter
Comment: Vikas Mehrotra
8. The “Lemons Effect” in Corporate Freezeouts
Lucian Arye Bebchuk and Marcel Kahan
Comment: Paul G. Mahoney
III. Economic Effects of Concentrated Corporate Ownership
9. Emerging Market Business Groups, Foreign Intermediaries, and Corporate Governance
Tarun Khanna and Krishna Palepu
Comment: Bernard Yeung
10. Stock Pyramids, Cross-Ownership, and Dual Class Equity: The Mechanisms and Agency Costs of Separating Control from Cash-Flow Rights
Lucian Arye Bebchuk, Reinier Kraakman, and George G. Triantis
Comment: Dennis P. Sheehan
11. Inherited Wealth, Corporate Control, and Economic Growth: The Canadian Disease?
Randall K. Morck, David A. Stangeland, and Bernard Yeung
Comment: David M. Levy
Contributors
Author Index
Subject Index