The presence of institutional investors in the capital can improves in the company with a weak ownership the effectiveness of control on the management stocks as well as in the company with strong ownership it may limit the phenomena of monopolization of decision-making on the part of the control groups. Unlike small shareholders that in addition to reluctance to different participatory shareholders’ meetings reveal a lack of preparation that interpretation of the dynamics of the company by not being able to exercise in companies with concentrated ownership control any form of dialectic with the controlling capital and owned company no widespread species control performance of management, by definition, professional investors have a capacity for analysis so strong and so high a weight to finish to exert a deterrent for any acts of ownership and or management-oriented little value for all shareholders. In the light of this, the present investigation has focused its research mandatory tender offer because it was considered the most transparent.
Valore prodotto, assetti proprietari e modalità di governance
FORMISANO, Vincenzo;INTRISANO, Carmelo
2011-01-01
Abstract
The presence of institutional investors in the capital can improves in the company with a weak ownership the effectiveness of control on the management stocks as well as in the company with strong ownership it may limit the phenomena of monopolization of decision-making on the part of the control groups. Unlike small shareholders that in addition to reluctance to different participatory shareholders’ meetings reveal a lack of preparation that interpretation of the dynamics of the company by not being able to exercise in companies with concentrated ownership control any form of dialectic with the controlling capital and owned company no widespread species control performance of management, by definition, professional investors have a capacity for analysis so strong and so high a weight to finish to exert a deterrent for any acts of ownership and or management-oriented little value for all shareholders. In the light of this, the present investigation has focused its research mandatory tender offer because it was considered the most transparent.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.