Is the delisting an accident or a design? —Is the delisting an accident or a design? —The structure of the exploitation of minority shareholders revealed by Schwetzler (2024) The structure of the exploitation of minority shareholders revealed by Schwetzler (2024)

Î∂ÄÍ∞Ä Î™®Ïù¥Î©¥ Î∂ÄÍ∞Ä Îπ®ÏïÑÎ®πÌûåÎã§ ‚Äî Savvides(2024)Í∞Ä Ï¶ùÎ™ÖÌïú ÏûêÎ≥∏ ÏßëÏ§ëÏùò ÎÅù

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ÌïµÏã¨ ÏßàÎ¨∏

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Î∂ÄÏûêÍ∞Ä Îçî Î∂ÄÏûêÍ∞Ä ÎêòÎäî Í≤ÉÏùÄ Ïôú Îã®ÏàúÌïú Í≤∞Í≥ºÍ∞Ä ÏïÑÎãå ÏÑ§Í≥ÑÎêú Íµ¨Ï°∞Ïù∏Í∞Ä

ÏßëÏ§ëÎêú ÏûêÎ≥∏ÏùÄ Ïôú ÏÉùÏÇ∞Ïù¥ ÏïÑÎãå ÏàòÌÉàÎ°ú ÌùòÎü¨Í∞ÄÎäîÍ∞Ä

ÎÖºÎ¨∏ Í∞úÏöî

Ï†úÎ™©: Wealth Concentration Leads to Wealth Extraction

Ï†ÄÏûê: S.C. Savvides

Ï∂úÏ≤ò: SSRN / John Deutsch International Development Discussion Paper, 2024

Ï£ºÏ†ú: Î∂ÄÏùò ÏßëÏ§ëÏù¥ Ïã§Î¨ºÍ≤ΩÏ†úÏóê ÎØ∏ÏπòÎäî Íµ¨Ï°∞Ï†Å ÏòÅÌñ• Î∂ÑÏÑù

ÎÖºÎ¨∏Ïù¥ ÏûÖÏ¶ùÌïú Í≤É

Î∂ÄÏùò ÏßëÏ§ëÏù¥ ÏùºÏ†ï ÏàòÏ§ÄÏùÑ ÎÑòÏúºÎ©¥ Í≤ΩÏ†úÏùò ÏûëÎèô Î∞©ÏãùÏù¥ Í∑ºÎ≥∏Ï†ÅÏúºÎ°ú Î∞îÎÄêÎã§

Î∂ÄÏùò Ïù¥Ï†Ñ(transfer of existing wealth)ÏúºÎ°ú Í≤ΩÏ†úÍ∞Ä Ïû¨Ìé∏Îê®

Í∑πÎã®Ï†Å Î∂àÌèâÎì±ÏùÄ Ïã§Î¨ºÍ≤ΩÏ†úÎ•º ÏßàÏãù(suffocate)ÏãúÌÇ®Îã§

ÏßëÏ§ëÎêú ÏûêÎ≥∏ÏùÄ ÏÉùÏÇ∞Ï†Å ÎåÄÏ∂úÏù¥ ÏïÑÎãå ÎπÑÏÉùÏÇ∞Ï†Å Ïö©ÎèÑÎ°ú ÌùòÎü¨Í∞ÑÎã§

Í≤∞Î°†: ÏûêÎ≥∏ ÏßëÏ§ëÏùÄ ÏûêÎ≥∏ Ï∂îÏ∂ú(extraction) Íµ¨Ï°∞Î°ú Í∑ÄÍ≤∞ÎêúÎã§

Ïù¥Í≤ÉÏù¥ Í¥ÄÍ≥ÑÌòïÎ¶¨Ïä§ÌÅ¨Î°ú Ïù¥Ïñ¥Ïßà ÏàòÎ∞ñÏóê ÏóÜÎäî Ïù¥Ïú†

Savvides Ï†ÅÏö©ÌïòÎ©¥ Ï†ïÌôïÌûà Ïù¥Îü∞ Ïû•Î©¥Ïù¥ ÎêúÎã§

1Îã®Í≥Ñ: Ï†ïÏ†ê ÏÑ∏Î†•(ÏûêÎ≥∏ ÏßëÏ§ëÏùò Ï£ºÏ≤¥)Ïù¥ ÌïòÏúÑ Í∏∞ÏóÖÏóê CBÎ•º Î∞úÌñâÏãúÌÇ®Îã§

2Îã®Í≥Ñ: Í∑∏ ÏûêÍ∏àÏùÄ Í∏∞ÏóÖ ÏÑ±Ïû•Ïóê Ïì∞Ïù¥ÏßÄ ÏïäÎäîÎã§

3Îã®Í≥Ñ: Ï†ïÏ†ê ÏÑ∏Î†•Ïù¥ Ï†ÑÌôò¬∑Îß§ÎèÑÌïòÎ©∞ Î∂ÄÎ•º ÌöåÏàòÌïúÎã§

4Îã®Í≥Ñ: ÎÇ®ÏùÄ Í≤ÉÏùÄ Ìù¨ÏÑùÎêú Ï£ºÏãùÍ≥º Í∞úÏù∏Ìà¨ÏûêÏûêÏùò ÏÜêÏã§Ïù¥Îã§

Ïù¥Í≤ÉÏù¥ Î∞îÎ°ú SavvidesÍ∞Ä ÎßêÌïú "wealth extraction"Ïùò ÌïúÍµ≠ ÏûêÎ≥∏ÏãúÏû• Î≤ÑÏ†ÑÏù¥Îã§

Í∑∏Î¶¨Í≥† Ïù¥ Ï∂îÏ∂ú Íµ¨Ï°∞Îäî Î∞òÎìúÏãú ÏÇ¨Ï†Ñ Ïã†Ìò∏Î•º ÎÇ®Í∏¥Îã§

ÏûÑÏõê ÍµêÏ≤¥ (Human Risk)

CB Î∞úÌñâ Ìå®ÌÑ¥ Î≥ÄÌôî (Funding Risk)

ÏßÄÎ∞∞Íµ¨Ï°∞ Ïù¥ÏÉÅ (Governance Risk)

Ïû¨Î¨¥Ï†úÌëúÎäî ÏàòÌÉàÏù¥ ÏôÑÏÑ±Îêú ÌõÑÏóêÏïº Í∑∏ Í≤∞Í≥ºÎ•º Í∏∞Î°ùÌïúÎã§

Í¥ÄÍ≥ÑÌòïÎ¶¨Ïä§ÌÅ¨Îäî ÏàòÌÉàÏù¥ ÏãúÏûëÎêòÎäî ÏàúÍ∞ÑÏùÑ Ïû°ÎäîÎã§

Ï†ÑÎèÑÏÇ¨Ïùò Í≤∞Î°†

ÏûêÎ≥∏ ÏñëÍ∑πÌôîÎäî Î∂àÏö¥Ïù¥ ÏïÑÎãàÎã§. ÏÑ§Í≥ÑÎã§

SavvidesÎäî Í±∞ÏãúÏ†ÅÏúºÎ°ú Ï¶ùÎ™ÖÌñàÍ≥†, ÌïúÍµ≠ Ï£ºÏãùÏãúÏû•ÏùÄ 276Í∞ú Í∏∞ÏóÖ��ùò Í±∞ÎûòÏ†ïÏßÄ Ïó≠ÏÇ¨Î°ú Ï¶ùÎ™ÖÌïúÎã§

Í∞úÏù∏Ìà¨ÏûêÏûêÏóêÍ≤å ÌïÑÏöîÌïú Í≤ÉÏùÄ Î∂ÑÎÖ∏Í∞Ä ÏïÑÎãàÎùº ÏÑ†Ìñâ Ïã†Ìò∏Îã§

Í∑∏ ÏÑ†Ìñâ Ïã†Ìò∏Í∞Ä Í¥ÄÍ≥ÑÌòïÎ¶¨Ïä§ÌÅ¨Îã§

‚ñ† Ï∞∏Í≥† ÏûêÎ£å

Savvides, S.C. (2024). Wealth Concentration Leads to Wealth Extraction. SSRN/John Deutsch International Development Discussion Paper.

RaymondsRisk Whitepaper. https://www.connect-ai.net/whitepaper

RaymondsIndex