Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
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Chapter 29, Problem 20P
Summary Introduction

To discuss: The way in which a controlling family can use a pyramidal control structure to benefit an expense of another shareholder.

Introduction:

A company whose ownership structure is arranged in the form a top-down chain of control is termed as pyramidal control structure.

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