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Cited by 656

The DOI matches its Crossref record; 44 of the 44 references it cites were found in a registry or an index.

The Myth of Diffuse Ownership in the United States

Open access
Holderness, Clifford G.·2009·Review of Financial Studies

Abstract

This article offers evidence on the ownership concentration at a representative sample of U.S. public firms. Ninety-six percent of these firms have blockholders; these blockholders in aggregate own an average 39% of the common stock. The ownership of U.S. firms is similar to and by some measures more concentrated than the ownership of firms in other countries. These findings challenge current thinking on a number of issues, ranging from the nature of the agency conflict in domestic corporations to the relationship between ownership concentration and legal protections for investors around the world. The Author 2007. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org, Oxford University Press.

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Crossref · 10.1093/rfs/hhm069

Cites

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Metadata

Authors
Holderness, C. G.
Venue
Review of Financial Studies
Published
2007-12-10
Volume
22
Issue
4
Pages
1377-1408
ISSN
  • 0893-9454 (ISSN-L)
  • 1465-7368
OpenAlex
W2120552721
Cited by
656
References
44
FWCI
77.44
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: The Myth of Diffuse Ownership in the United States. https://app.cochat.ai/papers/10.1093/rfs/hhm069
The paper
Holderness, C. G. (2009). The Myth of Diffuse Ownership in the United States. Review of Financial Studies. https://doi.org/10.1093/rfs/hhm069

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.