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Ownership and management are inseparable in protection firms

Ownership and management are inseparable in protection firms

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Sep 20, 20261 min read

Ownership and management are inseparable in protection firms

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  • Businessmen receiving protection either pay a cut or become partners (similarity 0.79)

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  • Ownership and management are inseparable in protection firms
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  • Businessmen receiving protection either pay a cut or become partners
  • Local embeddedness makes small territories optimal for protection firms
  • Mutual insurance companies exemplify genuine mutualistic cooperation.