CREMERS, MARTIJN; FERRELL, ALLEN - In: Journal of Finance 69 (2014) 3, pp. 1167-1196
type="main" <title type="main">ABSTRACT</title> <p>This paper introduces a new hand-collected data set that tracks restrictions on shareholder rights at approximately 1,000 firms from 1978 to 1989. In conjunction with the 1990 to 2006 IRRC data, we track shareholder rights over 30 years. Most governance changes occurred...</p>