Family Ownership and Pyramids in the Spanish Market

Family Business Review - Tập 20 Số 3 - Trang 247-265 - 2007
María Asunción Sacristán Navarro1, Silvia Gómez Ansón2
1Rey Juan Carlos University in Madrid, Spain,
2University of Oviedo, Spain

Tóm tắt

This aim of this article is to describe, in the Spanish setting, family ownership and to explore how families hold their shares (the use of indirect ownership, pyramids, and cross-shareholdings). It also seeks to describe to what extent cash-flow rights differ from control rights and the degree of the firm's professionalization according to every type of owner category, but especially for families.

Từ khóa


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