公司控制：意大利上市公司控制增强机制的持久性和角色转换（1978-2018）

IF 0.9 3区社会学 Q3 ECONOMICS

International Review of Law and Economics Pub Date : 2025-03-16 DOI:10.1016/j.irle.2025.106260

Silvia Rigamonti

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引用次数: 0

摘要

本文分析了1978 - 2018年意大利非金融类上市公司所有权和控制权的演变。公司控制在意大利股票市场持续存在，这是一个贯穿各个时期的不变特征。相反，所有权随着时间的推移而变化。控制增强机制的使用，以及与之相关的楔形结构遵循了不规则的路径。随着时间的推移，法律和市场条件会显著影响控股股东如何构建其所有权和控制权。家族资本主义仍然普遍存在。

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Corporate control: Persistence and the shifting role of control-enhancing mechanisms in Italian listed firms (1978–2018)

This paper analyses the evolution of ownership and control of non-financial listed firms in Italy from 1978 to 2018. Corporate control is persistent in the Italian stock market, and this is a constant trait across time periods. Instead, ownership has changed over time. The use of control-enhancing mechanisms and, relatedly, the wedge has followed an irregular path. Legal and market conditions significantly influence how controlling shareholders structure their ownership and control over time. Family capitalism remains pervasive.

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来源期刊

International Review of Law and Economics Multiple-

CiteScore

2.60

自引率

18.20%

发文量

审稿时长

48 days

期刊介绍： The International Review of Law and Economics provides a forum for interdisciplinary research at the interface of law and economics. IRLE is international in scope and audience and particularly welcomes both theoretical and empirical papers on comparative law and economics, globalization and legal harmonization, and the endogenous emergence of legal institutions, in addition to more traditional legal topics.