The Origin of Corporate Control Power
Theoretical Economics
2026-01-21 v21
Abstract
We discover that the probability of a shareholder possessing optimal control power evolves in Fibonacci sequence pattern and emerges as the simple harmonic oscillation of 1/2 - 2/3- 1/2 in 12 operations. This novel feature suggests the efficiency of the allocation of corporate shareholders' right and power. Data on the Chinese stock market support this prediction.
Keywords
Cite
@article{arxiv.2106.01681,
title = {The Origin of Corporate Control Power},
author = {Jie He and Min Wang},
journal= {arXiv preprint arXiv:2106.01681},
year = {2026}
}