TY - BOOK ID - 84783663 TI - Integrated Ownership and Control in the GCC Corporate Sector PY - 2015 SN - 1513508636 1513574957 1513596004 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Business enterprises KW - Corporate governance KW - Corporate debt KW - Corporations KW - Debt KW - Debt financing (Corporations) KW - Governance, Corporate KW - Industrial management KW - Directors of corporations KW - Business organizations KW - Businesses KW - Companies KW - Enterprises KW - Firms KW - Organizations, Business KW - Business KW - Finance KW - Gulf Cooperation Council. KW - Gulf Co-operation Council KW - Co-operation Council for the Arab States of the Gulf KW - States of Gulf Co-operation Council KW - Golf-Rat KW - GCC KW - G.C.C. KW - Majlis al-Taʻāwun al-Khalījī KW - Majlis al-Taʻāwun al-Khalījī al-ʻArabī KW - GKR KW - Kooperationsrat Arabischer Staaten am Golf KW - Cooperation Council for the Arab States of the Gulf KW - Duwal Majlis al-Khalīj KW - Gŏlpʻŭ Hyŏmnyŏk Wiwŏnhoe KW - Kŏlpʻŭ Hyŏmnyŏk Wiwŏnhoe KW - Majlis al-Taʻāwun li-Duwal al-Khalīj al-ʻArabīyah KW - Golfkooperationsrat KW - AGCC KW - A.G.C.C. KW - Duwal Majlis al-Taʻāwun al-Khalījī KW - Sovet sotrudnichestva arabskikh gosudarstv Persidskogo zaliva KW - SSAGPZ KW - Arab Gulf Cooperation Council KW - مجلس التعاون الخليجي KW - مجلس التعاون لدول الخليج العربية KW - Shūrā-yi Hamkārī-i Khalīj-i Fārs KW - شوراى همکارى خليج فارس KW - Persian Gulf Cooperation Council KW - PGCC KW - Conseil de coopération du Golfe KW - Gulf Cooperative Council KW - Consiglio di cooperazione del Golfo KW - Ccg KW - Banks and Banking KW - Corporate Finance KW - Finance: General KW - Macroeconomics KW - Criminology KW - Corporate Governance KW - Corporate Finance and Governance: Government Policy and Regulation KW - General Financial Markets: General (includes Measurement and Data) KW - Public Enterprises KW - Public-Private Enterprises KW - Corporate Finance and Governance: General KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Illegal Behavior and the Enforcement of Law KW - Civil service & public sector KW - Ownership & organization of enterprises KW - Banking KW - Corporate crime KW - white-collar crime KW - role & responsibilities of boards & directors KW - Stock markets KW - Public sector KW - Corporate sector KW - Illicit financial flows KW - Financial markets KW - Economic sectors KW - Crime KW - Stock exchanges KW - Finance, Public KW - Banks and banking KW - Money laundering KW - Saudi Arabia UR - https://www.unicat.be/uniCat?func=search&query=sysid:84783663 AB - The objective of the paper is to assess ownership and control links in the GCC corporate sector. The analysis focuses on the integrated ownership and network arising from ownership data available in Bloomberg and GCC stock exchanges. The paper finds that ownership is concentrated in GCC public sector institutions, holding companies, financial institutions, and family groups. The paper then considers the effect of different definitions of control on the distribution of consolidated debt. Debt concentration is maximized when the wedge between ownership and control is the largest. This is the case when the largest shareholder has at least 5 percent of total shares as defined in Zingales (1994). ER -