researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … shareholders and performance, a phenomenon which might be explained in terms of private appropriation of benefits. …

We investigate whether multiple large shareholders (MLS) affect corporate risk-taking. Using hand-collected data on …

shareholders stakes’ exceeds more than 50%. That provides incentives and opportunities for violation of the rights of minority … shareholders, though this is far not the only reason. This is an earlier version of a paper published later as an article in …

scale and the distribution of the shareholders’ participation in its capital. Later on this was used as a basis for the … or group of shareholders in the capital of a company, the correlation between the capital in the hands of the biggest … (the leading) shareholder and the others, and finally the general structure of shareholders’ participation are drawn. All …

. There is evidence that ownership by Russian non-state shareholders negatively affects firm value suggesting that this group …

, non-voting shareholders may be expropriated as a class by voting shareholders. Case studies and regression analysis of RTS … argument. The study finds no evidence that the premium is related to expropriation of preferred shareholders as a class. …

results imply that firms should practice vigorously good governance, as it is a policy of value to shareholders and possibly …