What is it about?

We analyze the effect of the corporate ownership diversification, i.e., how the involvement in the ownership of other non-financial firms affects the value of listed firms

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Why is it important?

We pioneer the analysis of the ownership diversification in Latin American firms. Our results apply not only to Chile but also to a number of Latin American countries since many of these countries have in common with Chile a concentrated corporate ownership structure and a weak protection of investors’ rights.

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This page is a summary of: Is there a corporate diversification discount or premium? Evidence from Chile, Academia Revista Latinoamericana de Administración, August 2015, Emerald,
DOI: 10.1108/arla-10-2014-0168.
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