resurrection" strategy. Moreover, the strength of corporate governance influences shareholders' capacity to align executive …

with theory of the firm based on conflicts of interests between shareholders and stakeholders, we find that establishments … of firms that experience an increase in ownership by larger and more concentrated institutional shareholders have lower … local labor markets, and for dedicated and activist institutional shareholders. The labor losses are accompanied by higher …

staggered boards established in the corporate charter (which shareholders cannot amend) than for staggered boards established in … the company's bylaws (which can be amended by shareholders) …

. 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 …

minority shareholders. We provide evidence and a model that explains propping. In particular, we suggest that issuing debt can …

important in curbing these private benefits. A high degree of statutory protection of minority shareholders and high degree of …