Pyramidal Ownership in Ecuadorian Business Groups
The purpose of this research is to explore the motivation of business group firms to adopt pyramidal ownership structures. The traditional approach claims that pyramids are useful in tunneling resources to other affiliates by transferring value to firms with high cash flow rights of controlling shar...
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| Format: | Others |
| Language: | en_US |
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2010
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| Online Access: | http://hdl.handle.net/1969.1/ETD-TAMU-2009-05-777 http://hdl.handle.net/1969.1/ETD-TAMU-2009-05-777 |