had promoted a shareholder-value based model of management for which there was little historical precedent. The underlying … approach to the governance and management of large corporations is urgently required. …

In the wake of the financial crisis, shareholders are increasingly relied upon to monitor directors. But while much has … been written about directors' flawed judgments, remarkably little is known about shareholders' ability to make accurate … judgments. What determines whether shareholders make the right decision when asked to vote on, say, a merger? This paper takes a …

, and their interactions with corporate management, are reflected in the attitudes and perceptions of the actors concerned … actors conceptualize institutional investors more as financial traders and, from the management perspective, politically …

This paper analyses a longitudinal dataset on legal protection of shareholders over a 36 year period, 1970-2005 for …