Skip to content!

Search Publications

clear
0 filter(s) selected
close
Go to page
remove add
6 results, from 1
  • DIW Wochenbericht 32 / 2023

    Mehr gemeinsame Anteilseigner, mehr US-Investoren: Eigentümerstrukturen deutscher Firmen haben sich verändert

    Die Eigentumsverhältnisse von großen Unternehmen sind in den vergangenen Jahren immer komplexer geworden. Häufig halten große institutionelle Investoren Anteile an verschiedenen börsennotierten Unternehmen gleichzeitig, was als Common Ownership oder gemeinsame Eigentümerstrukturen bezeichnet wird. Dieses Phänomen wirft viele wettbewerbsrechtliche Fragen auf. Dieser Wochenbericht untersucht auf Basis ...

    2023| Jo Seldeslachts, Albert Banal-Estañol, Nuria Boot
  • Diskussionspapiere 2015 / 2022

    Common Ownership: Europe vs. the US

    Common ownership - when an investor holds shares in two or more companies - has recently attracted significant attention from policy-makers and researchers, studying mainly US firms. European firms, however, are different as top investors with large stakes, like governments, founding families and foundations are much more prevalent. This paper takes a well-known common ownership with micro-economic ...

    2022| Nuria Boot, Jo Seldeslachts, Albert Banal Estanol
  • Diskussionspapiere 1715 / 2017

    Collusive Benchmark Rates Fixing

    The fixing of the Libor and Euribor benchmark rates has proven vulnerable to manipulation. Individual rate-setters may have incentives to fraudulently distort their submissions. For the contributing banks to collectively agree on the direction in which to rig the rate, however, their interests need to be sufficiently aligned. In this paper we develop cartel theory to show how an interbank lending rates ...

    2017| Nuria Boot, Timo Klein, Maarten Pieter Schinkel
  • Externe Monographien

    Common Ownership Patterns in the European Banking Sector –The Impact of the Financial Crisis

    Leuven: KU Leuven, [2021], 25 S.
    (MSI Discussion Papers ; 2109)
    | Albert Banal-Estañol, Nuria Boot, Jo Seldeslachts
  • Externe Monographien

    Barriers to Competition through Joint Ownership by Institutional Investors: Study Requested by the ECON Committee

    In recent years, the phenomenon of common ownership by institutional investors has sparked considerable debate among scholars about its impact on competition and companies’ corporate governance. This study analyses some specific features of common ownership by institutional investors in the European banking sector. It also examines closely the tension between competition policy and corporate governance ...

    Brussels: European Parliament, 2020, 110 S. | Simona Frazzani, Kletia Noti, Maarten Pieter Schinkel, Jo Seldeslachts, Albert Banal Estaño, Nuria Boot, Carlo Angelici
  • Refereed essays Web of Science

    Common Ownership Patterns in the European Banking Sector: The Impact of the Financial Crisis

    We provide a description of ownership patterns in the top 25 European banks for the period 2003–2015, where we especially focus on the global financial crisis. Investment managers, such as Blackrock, are dominant in terms of number of blockholdings in different banks, maintaining fairly stable “common ownership” networks throughout our sample. However, the financial crisis led to capital injections ...

    In: Journal of Competition Law & Economics 18 (2022), 1, S. 135–167 | Albert Banal-Estañol, Nuria Boot, Jo Seldeslachts
6 results, from 1
keyboard_arrow_up