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

penalty affect their monitoring. Our results suggest that they are more likely to vote against management after observing how …

-country differences in the levels of private benefits obtained by corporate managers, as well as the country-specific factors associated … discuss the circumstances under which managers would choose to cross-list their stocks in the United States, when such a cross …-listing has important implications for managers' private benefits. Finally, we survey recent empirical work that tests empirical …

A manager's shareholders, board of directors, and potential future employers are continually assessing his ability. A …

shareholders that provide incentives that motivate them to maximize the shareholders' welfare. In contrast, Bebchuk and Fried argue …