THE STOCK EXCHANGE AND FAMILY CAPITALISM

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Presentation transcript:

THE STOCK EXCHANGE AND FAMILY CAPITALISM CENTER ON CAPITALISM AND SOCIETY THE STOCK EXCHANGE AND FAMILY CAPITALISM Stefano Micossi New York, 17 April 2004

Table 1: Ultimate control of publicly traded firms (% of firms with controlling block)

Table 2: Family control of publicly traded companies by firm size and by sector. (% of firms with controlling block)

Table 3: Control of closely-held listed firms (% of firms)

Table 4 : Stock markets in the XX Century

Table 5: Indices of private benefits (% of market price)

Table 6: Stock markets returns and GDP growth (percentage)