Cross-ownership and portfolio choice

DOI10.1016/J.JET.2021.105194zbMATH Open1458.91194OpenAlexW3120030790MaRDI QIDQ1995333FDOQ1995333

Christian Ghiglino, Andrea Galeotti

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

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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)

Cites Work

• Systemic Risk in Financial Systems
• 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

Cited In (1)

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

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