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Ownership concentration of three large Belgian banks during the crisis

Jean-Charles Deudon, Ana Marques and Gerrit Sarens
Journal Name
Corporate Governance: The international journal of business in society
Journal Publication
others
Publication Year
2015
Journal Publications Functional Area
Finance & Accounting
Publication Date
Vol. 15, No. 5, 2015, pp. 663-677
Abstract
In this paper, two different ownership structures in Belgian banks are studied to see whether this had an impact on how these banks went through the financial crisis of 2007-2008. On the one hand, there is the concentrated ownership structure with a number of major shareholders, while on the other hand, the ownership can be really dispersed with no shareholder having a significantly large stake and ability to influence management’s decisions.
Author(s) Name: Jean-Charles Deudon, Ana Marques and Gerrit Sarens
Journal Name : Corporate Governance: The international journal of business in society
Volume : Vol. 15, No. 5, 2015, pp. 663-677
Year of Publication : 2015
Abstract :
In this paper, two different ownership structures in Belgian banks are studied to see whether this had an impact on how these banks went through the financial crisis of 2007-2008. On the one hand, there is the concentrated ownership structure with a number of major shareholders, while on the other hand, the ownership can be really dispersed with no shareholder having a significantly large stake and ability to influence management’s decisions.