Why Has There Been So Little Block Holding in America?

Marco Becht and J. Bradford DeLong, A History of Corporate Governance around the World: Family Business Groups to Professional Managers (University of Chicago Press, 2005), chap. 11, https://www.nber.org/books-and-chapters/history-corporate-governance-around-world-family-business-groups-professional-managers/why-has-there-been-so-little-block-holding-america.