A property rights based consolidation approach
André Casajus and
Helfried Labrenz
No 126, Working Papers from University of Leipzig, Faculty of Economics and Management Science
Abstract:
We suggest a full consolidation approach that takes into account the property rights structure whithin the subsidiaries, in particular, the majority requirements on restructurings. Our approach employs a property rights index based on cooperative game theory.
Keywords: consolidation; majority requirements; property rights; cooperative game theory; Shapley value (search for similar items in EconPapers)
JEL-codes: C71 G32 G34 M41 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-gth
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:leiwps:126
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