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OWNERSHIP AND CONTROL AMONG LARGE MEMBER BANKS.

Authors :
VERNON, JACK R.
Source :
Journal of Finance (Wiley-Blackwell); Jun70, Vol. 25 Issue 3, p651-657, 7p, 3 Charts
Publication Year :
1970

Abstract

This paper presents data which describe the extent to which ownership and control have been separated among the 200 largest member commercial banks. Management control has become the more common form of control among the large banks. The large banks were classified as owner controlled or if 10% of their voting stock was concentrated in a single party. If not, then they were classified as management controlled. The two major categories then were divided into subcategories reflecting levels of owner and management control.

Details

Language :
English
ISSN :
00221082
Volume :
25
Issue :
3
Database :
Complementary Index
Journal :
Journal of Finance (Wiley-Blackwell)
Publication Type :
Academic Journal
Accession number :
4664894
Full Text :
https://doi.org/10.1111/j.1540-6261.1970.tb00529.x