Corporate law determines the ways and means by which shareholder activists can pursue their strategies. A recent amendment to Swiss corporation law, if enacted, will not only complement Swiss corporate law with new, more restrictive regulation regarding management compensation, but also with...

This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from the correlation of executive pay and firm performance. In particular, we refer to a major shift in the legal and institutional environment, the reform of the German joint-stock...

This article analyses the recent Leica judgement of the Higher Regional Court Frankfurt/Main and its consequences. In this judgement, the court has established an infringement of special formal requirements with respect to Leicaś invitation to the Annual General Meeting which, if correct, would...