Ownership and Voting Power in Germany

Marco Becht and Ekkehart Böhmer

in The Control of Corporate Europe

Published in print October 2002 | ISBN: 9780199257539
Published online November 2003 | e-ISBN: 9780191595905 | DOI:
 Ownership and Voting Power in Germany

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This paper analyses the voting control structure of industrial firms listed on the official market in Germany. Voting control is highly concentrated and few companies are widely held. Widely held companies typically have takeover defences in place, but these are increasingly eroded by the control and transparency law.

Keywords: Germany; ownership; takeover defences; voting control

Chapter.  9546 words.  Illustrated.

Subjects: Financial Markets

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