Showing 1 - 10 of 253
Persistent link: https://www.econbiz.de/10012194199
have low leverage. The sponsors also observe the identity of the voting shareholders, because proposal probability …
Persistent link: https://www.econbiz.de/10013152605
stock price effects, and both the market and the voting shareholders respond as much to the target firm's governance quality …
Persistent link: https://www.econbiz.de/10013134429
in annual reports. We find that shareholders use inferences from facial appearance in corporate elections, as a better … first appointment elections as in the latter cases, shareholders may not as yet be familiar with a director's looks. In … firms with few institutional shareholders and more retail investors owning small equity stakes, the latter tend to rely more …
Persistent link: https://www.econbiz.de/10012896558
in annual reports. We find that shareholders use inferences from facial appearance in corporate elections, as a better … first appointment elections as in the latter cases, shareholders may not as yet be familiar with a director's looks. In … firms with few institutional shareholders and more retail investors owning small equity stakes, the latter tend to rely more …
Persistent link: https://www.econbiz.de/10012945481
We study investor activism promoting environmental, social and governance (ESG) improvements using a proprietary dataset. Targets have a higher market share, analyst coverage, stock returns, and liquidity. The engagements lead to ESG rating adjustments. Activism is more likely to succeed when...
Persistent link: https://www.econbiz.de/10012933879
their voting power to entrench their positions and they can impede monitoring actions taken by other shareholders to … shareholders is required to reach an absolute majority of voting rights. Even though the average firm has a dispersed ownership … example, has an important impact on the ownership structure. In about 4% of sample companies, corporate shareholders hold just …
Persistent link: https://www.econbiz.de/10011608485
mitigating agency problems between managers and shareholders.We find that both the CEO's industry-adjusted monetary compensation … monitoring and CEOs with strong voting power successfully resisting replacement irrespective of corporate performance.This case … performance-related incentive remuneration scheme.When insiders have strong voting power, the CEOs remuneration is lower except …
Persistent link: https://www.econbiz.de/10011092291
Persistent link: https://www.econbiz.de/10011093260
Persistent link: https://www.econbiz.de/10011896271