Common Ownership; Theory of the Firm; MHHI; Oligopoly; Stakeholder Theory; Firm Boundaries
Posted by Social Science Research Network Portfolio Diversification, Market Power, and the Theory of the Firm By José Azar (University of Navarra) Abstract: This paper develops a model of firm behavior in the context of oligopoly and portfolio diversification by shareholders. Competition for shareholder votes among potential managers seeking corporate office leads to internalization […]
Featured News
Telecom Giants Explore Joint Bid for Europe’s Satellite Airwaves
Sep 7, 2026 by
CPI
OpenAI Files EU Report After AI Agents Hijacked German Website
Sep 7, 2026 by
CPI
US Clears Volaris-Viva Aerobus Combination as Mexico Review Looms
Sep 7, 2026 by
CPI
EU Suspension Clouds Timeline for Saipem-Subsea7 Merger
Sep 7, 2026 by
CPI
India Competition Chief Warns AI Could Accelerate Antitrust Risks
Sep 7, 2026 by
CPI
Antitrust Mix
Antitrust Chronicle® – State Attorneys General
Aug 27, 2026 by
CPI
CPI Talks… with Jonathan Skrmetti, Attorney General of Tennessee
Aug 27, 2026 by
Jonathan Skrmetti
What the Live Nation Jury Instructions Tell Us About California’s Unfair Competition Law
Aug 27, 2026 by
Henry Hauser, Brent Nakamura, Ashley Kaplan, Brian Wang & Cari Jeffries
From Backroom Deals to Public Scrutiny: The Tunney Act’s Past, Present, and Future
Aug 27, 2026 by
Christina M. Black & Ashley A. Locke
Understanding the Fragility of Economic Concentration Through the Principles of Ecology
Aug 27, 2026 by
Alexandra Spring