Institutional Investors and Concentration of Financial Power: Berle and Means Revisited

Authors

  • DONALD E. FARRAR,

  • LANCE GIRTON

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    • Graduate School of Business and Department of Economics, University of Utah, respectively. This paper is a condensed version of a paper presented at the American Finance Association meetings. We appreciate comments by Seha Tinic and Hans Stoll.

      Support for this paper was provided by the Roland Stucki Fund for Research in Finance, University of Utah.


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