Anglo-American equity markets are characterized by widespread ownership of shares. In other parts of the world ownership is often dominated by consortiums of controlling shareholders. Which of the following is NOT an example of a common consortium of controlling shareholders?

Question

Quizplus · Accepted Answer

Japanese keiretsus and South Korean chaebols are both examples of consortiums of controlling shareholders in their respective countries. However, U.S. labor unions do not typically hold significant ownership stakes in companies and do not function as controlling consortiums in the same way as keiretsus and chaebols.

Anglo-American Equity Markets Are Characterized by Widespread Ownership of Shares