. Conflicts over shareholder orientation result in changing coalitions between shareholders, management, and employees …

-voting) shareholders to veto unfavorable changes in their class rights. Based on a novel hand-collected dataset of dual class stock … significant effect of improved protection of preferred shareholders on the value of their shares. The result is robust to several …

-voting) shareholders to veto unfavorable changes in their class rights. Based on a novel hand-collected dataset of dual class stock … significant effect of improved protection of preferred shareholders on the value of their shares. The result is robust to several …

-controlling shareholders are different because the former are able to divert a fraction of the profits. We find that when investor protection … by the non-controlling shareholders. The empirical analysis supports the predictions of the model. In particular …

minority shareholders. Firms can additionally look for capital by issuing ADRs, as they have in recent years, although this …

investors. In a famous study by La Porta et al. (1998) it is concluded that the rights of shareholders are more advanced in … for equal treatment of shareholders. Moreover, we review the spezial rules of minority protection in our Companies Act to … provide a broader view of the legal landscape that Finnish minority shareholders inhabit. In passing, we make some comparisons …

for stock corporations. Recent empirical evidence, moreover, suggests that bank shareholders pushed for greater risk …