Dissatisfaction with corrupt group ranch committees, dilution of individual shareholding as population size increased and a desire for security of tenure led group ranch members to push for the subdivision of group ranches (Galaty 1999; Homewood et al. 2004; Mwangi 2007a; Seno and Shaw 2002; Thompson and Homewood 2002).
At around £2,800, the average size of shareholding in these ventures is about the same as in the UK and, like here, over 90% of investors are private individuals.
According to Japanese law, shareholdings of such a size give Mr Koike the right to make proposals at annual general meetings.
Limits on the size of shareholdings that the country's big industrial groups could take in banks were meant to keep them from using the banks as captive providers of credit to favored companies.
First, it allows firm heterogeneity in size and institutional shareholding to be reflected in firm preferences.
The trust declined to reveal the size of the shareholding but it is understood that it is worth several million pounds.
His predecessor Bob Diamond – who left amid the fallout from the Libor-rigging scandal – had said he would take up his rights, which would have cost him £6m because of the size of his shareholding.
Despite the size of his shareholding, Liu would retain a majority voting right for JD Finance.
A Quaker investor once put it simply: "The size of the shareholdings that the churches have together tends to mean that you get attention from more senior people in the company," adding that the "the collaborative way of working will get better and better and become more and more important".
"Because of the size of the state shareholding in R.B.S. and Lloyds, selling these shares will take a number of years," Mr. Hester said on Friday.
The UK, French and German governments all had the power to veto the deal but Berlin's concern over the potential size of the French shareholding in the combined company, as well as disagreements over the location of the group's headquarters, proved to be the deal breaker that could not be resolved by the last-ditch round of phone diplomacy.
