alliances affect the balance of power between managers and shareholders. We find that substantial employee voting rights … exacerbate the manager-shareholder conflicts. Specifically, they entrench incumbent managers and allow them to pursue value …-destroying acquisitions by undercutting the disciplinary influence of the corporate control market. Importantly, employee support for managers …

investment decisions. Male CEOs allocate more investment capital to male than female division managers. This gender gap is driven …

and how far the interests of the marginalized poor are undermined by the dominant elite consisting mainly of the landed … and the capitalists. We distinguish the dominant elite from the minority elite (i.e., elected women and low caste … education while presence of capitalist elite, as reflected in greater degree of industrialisation enhances it, even in poorer …

scheduled caste transformation is being taken place by the involvement of elite people from scheduled caste. Thus, the present …

intergenerational model which shows that a two-tier higher education characterised by a division between elite and standard universities … can be a key factor in generating permanent social stratification, social immobility and self-reproduction of the "elite … elite and standard universities. A key result is that the wider the quality gap and the difference in per student …