one hand, the SEC's rejection appears to be a stunning blow to the shareholders' rights campaign because many shareholders … of majority voting and the adoption of the e-proxy rules. Because these developments provide shareholders with … shareholders …

Typically, shareholders are not sure whether boards act in their interest, or have been captured by management. They … simply enrich managers at the expense of shareholders. After observing the board's compensation and investment policies …, shareholders update the probability that the board is captured using Bayes rule. Shareholders are “outraged” if this updated …

We develop a game theoretic model in which shareholders maximize the value of their portfolio and can buy or sell … of shareholders tends to infinity each shareholder's vote becomes uncorrelated with her private information and in the …

‘Shareholder rights' are the legal entitlements of shareholders via-a-vis companies in which they invest. A large body … that without accountability, managers and dominant shareholders will use their power to further their own interests at the … rights in ways that can be excessive. This can harm not only other constituencies but also shareholders, as it can promote …