Regulamentacao Do Mercado Acionario
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1. Informação Contida no Diferencial de Preços de Classes de Ações: antes e após 10.303/01 / Determinants of the Diferential Pricing Between Voting and Non-Voting Shares in Brazil
Several papers suggest that private benefits can explain the price differential between classes of stocks with different voting rights. However, in Brazil the price differential between voting and non-voting stocks has been negative for several companies during the July/1994-September/2002 period. This paper investigates the determinants that imply this voti
Publicado em: 24/11/2005