The Origin of Corporate Control Power

Fuente: arXiv
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Autori principali: He, Jie, Wang, Min
Natura: Preprint
Pubblicazione: 2021
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author He, Jie
Wang, Min
author_facet He, Jie
Wang, Min
contents We discover that the probability of a shareholder possessing optimal control power evolves in Fibonacci sequence pattern and emerges as the simple harmonic oscillation of 1/2 - 2/3- 1/2 in 12 operations. This novel feature suggests the efficiency of the allocation of corporate shareholders' right and power. Data on the Chinese stock market support this prediction.
format Preprint
id arxiv_https___arxiv_org_abs_2106_01681
institution arXiv
publishDate 2021
record_format arxiv
spellingShingle The Origin of Corporate Control Power
He, Jie
Wang, Min
Theoretical Economics
We discover that the probability of a shareholder possessing optimal control power evolves in Fibonacci sequence pattern and emerges as the simple harmonic oscillation of 1/2 - 2/3- 1/2 in 12 operations. This novel feature suggests the efficiency of the allocation of corporate shareholders' right and power. Data on the Chinese stock market support this prediction.
title The Origin of Corporate Control Power
topic Theoretical Economics
url https://arxiv.org/abs/2106.01681