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Harvard Law School Forum: Ownership dispersion and the London Stock Exchange’s “Two-thirds rule”

In contrast to most other countries, in both Britain and the United States, a hallmark of corporate governance is a separation of ownership and control in major business enterprises… The following post comes to us from Dr David Chambers of Cambridge Judge Business School at University of Cambridge; Brian Cheffins, Professor of Corporate Law at the University of Cambridge; and Dmitri K Koustas of University of California, Berkeley…”

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