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    • Corporate control and firm value: The bright side of business groups 

      Torres, Juan Pablo; Jara Bertín, Mauricio; López Iturriaga, Félix (Elsevier, 2017)
      We analyze the effect of pyramidal ownership levels on the performance of Chilean firms by considering the impact of business groups. Using an unbalanced panel of 1018 firm-year observations from 88 quoted firms for the ...