Non-controlling minority shareholdings and collusion
dc.contributor.author | De Haas, Samuel | en_ZA |
dc.contributor.author | Paha, Johannes | en_ZA |
dc.date.accessioned | 2023-01-18T06:58:14Z | |
dc.date.available | 2023-01-18T06:58:14Z | |
dc.date.issued | 2020-05 | |
dc.description | CITATION: De Haas, S. & Paha, J. 2020. Non-controlling minority shareholdings and collusion. Review of Industrial Organization, 58:431–454, doi:10.1007/s11151-020-09758-y. | |
dc.description | The original publication is available at https://link.springer.com | |
dc.description.abstract | This article merges theoretical literature on non-controlling minority shareholdings (NCMS) in a coherent model to study the effects of NCMS on competition and collusion. The model encompasses both the case of a common owner holding shares of rival firms as well as the case of cross ownership among rivals. We find that by softening competition, NCMS weaken the sustainability of collusion under a greater variety of situations than was indicated by earlier literature. Such effects exist, in particular, in the presence of an effective competition authority. | en_ZA |
dc.description.uri | https://link.springer.com/article/10.1007/s11151-020-09758-y | |
dc.description.version | Publisher's version | |
dc.format.extent | 24 pages | |
dc.identifier.citation | De Haas, S. & Paha, J. 2020. Non-controlling minority shareholdings and collusion. Review of Industrial Organization, 58:431–454, doi:10.1007/s11151-020-09758-y. | |
dc.identifier.issn | 573-7160 (online) | |
dc.identifier.issn | 0889-938X (print) | |
dc.identifier.other | doi:10.1007/s11151-020-09758-y | |
dc.identifier.uri | http://hdl.handle.net/10019.1/126223 | |
dc.language.iso | en_ZA | en_ZA |
dc.publisher | Springer | |
dc.rights.holder | Authors retain copyright | |
dc.subject | Minority stockholders | en_ZA |
dc.subject | Competition -- Economic aspects | en_ZA |
dc.subject | Consolidation and merger of corporations | en_ZA |
dc.title | Non-controlling minority shareholdings and collusion | en_ZA |
dc.type | Article | en_ZA |