I would like to thank my dissertation adviser Michael Weisbach, Heitor Almeida, Bo Becker, Murillo Campello, Jie Gan, Robin Greenwood, Joongho Han, Brian Henderson, Kyung Suh Park, Josh Pollet, Jhinyoung Shin, Andrei Shleifer, Scott Weisbenner, Daniel Wolfenzon, Bernie Yeung, Longkai Zhao, and other seminar participants at the 2008 CAFM Meetings, Seoul, 2008 CICF Meetings, Dalian, the University of Illinois, Korea University, KAIST Graduate School of Management, KDI School of Public Policy and Management, Queen's University, Virginia Tech, and the University of Arkansas for helpful comments. I would also like to thank Bill Christie (Editor) and an anonymous referee for providing insightful guidance that greatly improved the paper. Part of this work was completed when Kim was a Ph.D. student at the University of Illinois and an assistant professor at Korea University Business School. This work was supported by the Korea Research Foundation Grant funded by the Korean Government (MOEHRD, Basic Research Promotion Fund) (KRF-2008- 327-B00250).
Investor Protection and the Mode of Acquisition: Implications for Ownership Dilution and Formation of Pyramids
Article first published online: 2 MAR 2012
© 2012 Financial Management Association International.
Volume 41, Issue 1, pages 55–93, Spring 2012
How to Cite
Kim, W. (2012), Investor Protection and the Mode of Acquisition: Implications for Ownership Dilution and Formation of Pyramids. Financial Management, 41: 55–93. doi: 10.1111/j.1755-053X.2012.01178.x
- Issue published online: 28 MAR 2012
- Article first published online: 2 MAR 2012
This article has been cited by:
- 1Comparative Economics and Regional Development in Turkey, 2016,,
- 2Infant firms in emerging market: An analysis of stand-alones vs. subsidiaries, Emerging Markets Review, 2015,, , ,
- 4What drives corporate minority acquisitions around the world? The case for financial constraints, Journal of Corporate Finance, 2014, 26, 78,
- 5What Motivates Minority Acquisitions? The Trade-Offs between a Partial Equity Stake and Complete Integration, Review of Financial Studies, 2013, 26, 4, 1021,