Book Description
The conference proceedings contained in this document explore several questions ranging from specific concerns with concentrated ownership and cross-ownership, the extent to which biases in market allocation decisions are driven by tax policy, by other public policies, or induced by other distortions in market structures, to more general questions of corporate governance and the efficiency of markets for corporate control. The papers are organized into the following general topics: dimensions of corporate concentration; rethinking the modern corporation; takeovers: determinants and effects; the financial sector; corporate power and influence; and public policy responses.