Regulation Fair Disclosure …

In a corporate freeze-out, the controller is required to compensate minority shareholders for the no-freezeout value of … that, under a regime in which frozen out minority shareholders receive a compensation equal to the pre-freezeout market …

their responsible workers, and in turn engage in CSR through self-regulation, provided that regulatory oversight is poor … enough - and hence regulation is loose enough - to make self-regulation worthwhile. The key prediction of the model is a … gas emissions disclosure in all public firms. Consistent with our theory, we find that firms in the UK receive lower CSR …

. In some cases shareholders are pushing companies to take actions that may reduce market value. It is hard to understand …

work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders …

position to benefit themselves at the expense of minority shareholders -- were endemic to corporations in the late …, however, was to give controlling shareholders the power to extract more than their fair share of their enterprise's profits …

theory, in countries where private benefits of control are larger capital markets are less developed, ownership is more … important in curbing these private benefits. A high degree of statutory protection of minority shareholders and high degree of …

an information ea between management and outside shareholders. In the presence of such a gap, maximizing short-run and … actions that will reduce long-run value. In such a case, management faces the dilemma of which shareholders to please: those …