Remove private-ma-transaction-process
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Does Common Ownership Constrain Rent Extraction by Managers?

Reynolds Holding

Corporate insiders, motivated by self-interest, have both the incentive and means to manage firms in ways that favor their private interests, often at the expense of public investors. Common institutional owners enjoy economies of scale in information acquisition and processing. Better connected investors (i.e.,

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China's Tech Crackdown: Its about Control, not Consumers or Competition!

Musings on Markets

That growth has come (or should have come) with the recognition that in almost every venture in China, public or private, the Chinese government is not just a player, but often the key player determining the venture's success and failure.