{"id":"https://openalex.org/W1523073293","doi":null,"title":"Why Has There Been So Little Block Holding in America","display_name":"Why Has There Been So Little Block Holding in America","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W1523073293","mag":"1523073293"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.186.2010","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.186.2010","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://delong.typepad.com/pdf/Blockholding.pdf","raw_type":"text"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5088936861","display_name":"Marco Becht","orcid":"https://orcid.org/0000-0002-2457-2586","observed_orcids":["https://orcid.org/0000-0002-2457-2586"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Marco Becht","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-2457-2586","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5110434464","display_name":"J. Bradford DeLong","orcid":"https://orcid.org/0000-0002-3207-2741","observed_orcids":["https://orcid.org/0000-0002-3207-2741"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"J. Bradford DeLong","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":14.09,"has_fulltext":false,"cited_by_count":53,"citation_normalized_percentile":{"value":0.98292615,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":null,"issue":null,"first_page":"613","last_page":"666"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11843","display_name":"Family Business Performance and Succession","score":0.0012000000569969416,"subfield":{"id":"https://openalex.org/subfields/1407","display_name":"Organizational Behavior and Human Resource Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10605","display_name":"Historical Economic and Social Studies","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-control","display_name":"corporate control","score":0.8740000128746033},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.5559999942779541},{"id":"https://openalex.org/keywords/financial-intermediaries","display_name":"financial intermediaries","score":0.7770000100135803},{"id":"https://openalex.org/keywords/managerial-monitoring","display_name":"managerial monitoring","score":0.6449999809265137},{"id":"https://openalex.org/keywords/ownership-concentration","display_name":"ownership concentration","score":0.40299999713897705},{"id":"https://openalex.org/keywords/united-states","display_name":"United States","score":0.7129999995231628}],"concepts":[{"id":"https://openalex.org/C47941915","wikidata":"https://www.wikidata.org/wiki/Q107885","display_name":"Speculation","level":2,"score":0.614410936832428},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.5087836384773254},{"id":"https://openalex.org/C139569457","wikidata":"https://www.wikidata.org/wiki/Q1666223","display_name":"Intermediary","level":2,"score":0.5075089335441589},{"id":"https://openalex.org/C80515813","wikidata":"https://www.wikidata.org/wiki/Q1134763","display_name":"Corporate finance","level":2,"score":0.4725867211818695},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.46392354369163513},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.39834290742874146},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3668408989906311},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33686792850494385},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3239149749279022},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.28765368461608887}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.186.2010","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.186.2010","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://delong.typepad.com/pdf/Blockholding.pdf","raw_type":"text"},{"id":"mag:1523073293","doi":null,"is_oa":false,"landing_page_url":"https://delong.typepad.com/pdf/Blockholding.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306520638","display_name":"NBER Chapters","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"other"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"NBER Chapters","raw_type":null},{"id":"mag:3121328232","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:nbr:nberch:10278","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":50,"referenced_works":["https://openalex.org/W83238230","https://openalex.org/W133338281","https://openalex.org/W574732003","https://openalex.org/W587020753","https://openalex.org/W598004401","https://openalex.org/W620677719","https://openalex.org/W1509289118","https://openalex.org/W1520018681","https://openalex.org/W1522916731","https://openalex.org/W1533318088","https://openalex.org/W1540044861","https://openalex.org/W1559000686","https://openalex.org/W1573619827","https://openalex.org/W1600542042","https://openalex.org/W1602109671","https://openalex.org/W1967219967","https://openalex.org/W1978100419","https://openalex.org/W1988913987","https://openalex.org/W1996803853","https://openalex.org/W1998966746","https://openalex.org/W2013142683","https://openalex.org/W2015840362","https://openalex.org/W2020463787","https://openalex.org/W2023060295","https://openalex.org/W2029646665","https://openalex.org/W2029851670","https://openalex.org/W2045737235","https://openalex.org/W2073307111","https://openalex.org/W2076208802","https://openalex.org/W2080485486","https://openalex.org/W2086739951","https://openalex.org/W2099199959","https://openalex.org/W2129432581","https://openalex.org/W2135241016","https://openalex.org/W2148295412","https://openalex.org/W2148501506","https://openalex.org/W2162448899","https://openalex.org/W2191977442","https://openalex.org/W2283303653","https://openalex.org/W2314982421","https://openalex.org/W2333072309","https://openalex.org/W2503448508","https://openalex.org/W2796637552","https://openalex.org/W2797878330","https://openalex.org/W3121177630","https://openalex.org/W3121693921","https://openalex.org/W3123091495","https://openalex.org/W3123863857","https://openalex.org/W3126012335","https://openalex.org/W3142496586"],"related_works":["https://openalex.org/W3123091495","https://openalex.org/W2343431250","https://openalex.org/W827596392","https://openalex.org/W2182957507","https://openalex.org/W2136264500","https://openalex.org/W2334579976","https://openalex.org/W4229616566","https://openalex.org/W1519891765","https://openalex.org/W2142703695","https://openalex.org/W4392111039"],"abstract_inverted_index":{"At":[0],"the":[1,4,10,27,49],"start":[2],"of":[3,46],"twentieth":[5],"century,":[6],"corporate":[7,24,30,70],"control":[8,25,31],"in":[9,26,32,48,62],"United":[11],"States":[12],"looked":[13],"relatively":[14],"\u201cnormal.":[15],"\u201d":[16],"There":[17],"were":[18],"no":[19],"visible":[20],"large":[21,44,51,57],"differences":[22],"between":[23],"U.S.":[28],"and":[29,40,52,65,68],"a":[33],"typical":[34],"industrial":[35],"economy.":[36],"Large":[37],"financial":[38],"intermediaries":[39],"plutocratic":[41],"families":[42],"held":[43],"blocks":[45],"shares":[47],"economy\u2019s":[50],"growing":[53],"Chandlerian":[54],"enterprises.":[55],"Such":[56],"blockholders":[58],"played":[59],"key":[60],"roles":[61],"monitoring,":[63],"choosing,":[64],"replacing":[66],"managers":[67],"setting":[69],"direction.":[71],"1":[72]},"counts_by_year":[{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":7},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":6}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
