作者: Ricardo Pereira Câmera Leal , André Luiz Carvalhal da Silva , Silvia Mourthé Valadares
DOI: 10.1590/S1415-65552002000100002
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摘要: This paper analyzes the control structure of Brazilian public companies at end 1998. We show a high degree ownership concentration. Even when there is no majority shareholder, largest one owns significant portion voting capital, and company is, on average, controlled by its three shareholders. also conclude that utilization pyramid structures does not appear to be an effort avoid share-one vote rule in companies.