List of Tables

Table 1.1 Corporate ownership concentration

Table 2.1 Distribution of banks as main shareholders

Table 2.2 Banks as participants in the corporate governance

Table 2.3 Banks as shareholders

Table 2.4 Banks on the board of directors

Table 2.5 Companies listed on Spanish stock exchange

Table 2.6 Spanish equity market capitalization

Table 2.7 Capitalization ranking in 2012

Table 3.1 The evolution of the board size in Spain

Table 3.2 Distribution of companies according to board size

Table 3.3 Board composition (I)

Table 3.4 Board composition (II)

Table 3.5 Presence of independent directors on boards

Table 3.6 Percentage of firms with committees

Table 3.7 Presence of women on boards

Table 3.8 Equity book value and market capitalization of listed companies

Table 3.9 Ownership concentration by size

Table 3.10 Number of companies according to the stake of the significant shareholders

Table 3.11 Share ownership of Spanish listed companies

Table 3.12 Distribution of the largest shareholder identity

Table 3.13 Right differences depending on the largest shareholder identity

Table 3.14 Evolution of the banking presence

Table 3.15 Presence of banks in the ownership and the board of directors of Spanish listed firms

Table 3.16 Payments to shareholders

Table 3.17 Payout of the listed companies by sectors

Table 4.1 Market capitalization as a percentage of nominal GDP

Table 4.2 Market trading as a percentage of nominal GDP

Table 4.3 Shareholder coalitions in Spanish firms

Table 4.4 Shareholder coalitions and firm characteristics

Table 4.5 Anti-takeover measures in Spanish corporate by-laws

Table 4.6 Concentration of the audit market

Table 4.7 Market share (in %) of the Big Four audit firms

Table 4.8 Distribution of the audit market

Table 4.9 Concentration index (in %) in the audit market

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