Stock market mispricing induces the controlling shareholder to sell overpriced equity, subsequently diverting resources to his benefit.
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It's a useful brand enhancement for the controlling shareholder of PPR, one of the world's most visible luxury conglomerates.
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Billoniare investor Barry Diller heads and is the controlling shareholder of IAC, and who is currently the Board Chairman of Expedia.
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He also is the controlling shareholder and chairman of Lumena Resources Corp.
The company said this weekend billionaire He Xiangjian, the controlling shareholder, plans to step down as chairman of the holding company.
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Consistent with this notion, we find that subsidiaries in which the controlling shareholder sells a larger stake at listing generate low post listing returns.
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Since the controlling shareholder of SOE is the Party, corporate governance of these companies is a proxy for administrative policy, making them unusually exposed to cronyism.
The controlling shareholder of Elektra, he had the retail chain purchase a 15% stake in the then-struggling and private TV Azteca, in which he and his family owned around 35% .
The controlling shareholder of Elektra, he had the retail chain purchase a 15% stake in the then struggling and private TV Azteca, in which he and his family owned around 35% .
At Phoenix Pulp and Paper, for example, the country's largest supplier of pulp for paper, a five-year battle between the controlling shareholder, a foreign company, and acquisitive Thai politicians is reaching a climax.
SASAC, which holds shares in the biggest companies, is the world's largest controlling shareholder and the state-capitalist institution par excellence.
According to Israel Corporation, the firm's controlling shareholder, other investors willing to pitch in the vast amount of money needed couldn't be found.
The firm's controlling shareholder, Sumner Redstone, once observed that content is king.
After consultants picked Hyundai Electronics to become controlling shareholder of the merged entity, LG Semicon threatened to sue.
An example: several years ago, when a startup software company ran into challenges and sought urgently needed capital, a PE firm invested in the company and became its controlling shareholder.
Viacom ( VIA - news - people ) in December 2005, when Chief Sumner Redstone (still its controlling shareholder) yanked the broadcast division from its cable siblings MTV, Nickelodeon and Comedy Central, among others, as well as movie studio Paramount Pictures.
LVMH, a successful French luxury-goods group whose customers are mostly women, has had just one female director over the past ten years: Delphine Arnault, daughter of the firm's chief executive and controlling shareholder.
After the decision by Ferrovial, BAA's controlling shareholder, Ryanair said it did not want to "prejudice" any bid.
The state investment fund also guaranteed it will maintain a controlling shareholder position in 10 other major state-owned financial institutions.
Though a lot of private equity investors present themselves as shareholder advocates who, by virtue of controlling the purse strings can squeeze corporate managers, they're actually conflicted.
But GreenShift's chairman and controlling shareholder, Kevin Kreisler, has dreams, and the algae venture is just one of them.
Little known to investors, Peter was the top shareholder when Take-Two went public in 1997, controlling 25% through Bridgehampton Investors LP, of which Ryan was a general partner.
Severstal's billionaire controlling shareholder and Chairman, Alexei Mordashov, on Wednesday proposed to the Arcelor board a substantial improvement in the terms of the two steelmakers' merger agreement--a sweetening, it is hoped, that will ward off ad hominem attacks from Arcelor shareholders.
The lesson learned there, he says, is to be very leery of investing in a company with a controlling shareholder.
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