... present the evolution of the voting power of controlling shareholders in the main sample of unifying firms, and in the control sample of firms that chose to maintain their dual share structure Looking ... of their voting power by increasing their holdings in advance And, after the unification, they may reverse the initial erosion in their voting power by acquiring more shares Alternatively, in the ... trade) The main goal of the study is to examine the long- term impact of share unifications on the voting power of controlling shareholders and on the firm’s control structure This is in some...