Cross-ownership and portfolio choice

DOI10.1016/J.JET.2021.105194MaRDI QIDQ1995333zbMATH OpenOpenAlexFDO

Authors Andrea Galeotti, Christian Ghiglino

Publication date 23 February 2021

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2021.105194

zbMATH Keywords

risk takingconcentrationdiversificationfinancial networksbow-tieseparation between ownership and control

Mathematics Subject Classification ID

Portfolio theory (91G10) Financial networks (including contagion, systemic risk, regulation) (91G45)

Recommendations

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Cites work

• Contagion in financial networks
• Control and voting power in corporate networks: Concepts and computational aspects
• On the Application of Portfolio Theory to Depository Financial Intermediaries
• Systemic risk in financial systems

Cited in

(1)

• Who controls Allianz? Measuring the separation of dividend and control rights under cross-ownership among firms

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