Stock Ownership Morck, Schleifer, Vishny (88) Faleye (2007) Warfield et al (1995) Wang (02) – Family owned Firms

Compensation Bergstresser & Phillipon (06) Armstrong et al (2011) Burns & Kelia (2006) Bertrand & Mullination (2001) Lambert & Larcker

Board of Directors Garcia Lara et al (2009) Ahmed & Duellman (2007) Klein (2002) Carcello & Neal (2002) Rosenstein & Wyatt (1999) Anderson et al (2005) Ashlough-Skaite (2006) McDaniel et al (2002) Larcker et al (2002) Bowen et al (2007) Duellman et al (2013) Bebchuk & Fried (2004) Core & Barckter (1999)

Labor Market -------------------- Take-Over Market ---------------------- Blockholders Velvy & Jenkins (2006) Koh (2003) Nguyen & Nielsen (2103) .

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