The effect of changes in ownership structure on performance: Evidence from the thrift industry1We thank George Aragon, Ben Branch, Benjamin Esty (the referee), Mark Flannery, Alvin Harrell, Clifford G. Holderness, Edith Hotchkiss, Michael Jensen, Edward J. Kane, Donald May, Marcia Millon Cornett, Manju Puri, G. William Schwert (the editor), Henri Servaes, Robert Taggert, Hassan Tehranian, Thomas Vartanian, William Wilhelm, Julie Williams, and seminar participants at Boston University, the …

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