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shareholder interests by making the board more responsible to shareholders, and strengthening the monitoring of top management by … investments are, like financial investments, not ex ante contractible, leaving investors open to exploitation by shareholders …
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Corporate Governance Movement -- Chapter 6 Shareholders and Activism -- Chapter 7 Corporate Social Responsibility -- Chapter 8 …
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employee rights and firms' use of debt. This is because when employee rights are high, shareholders intend to use more debt … have more negotiation power to obtain good terms in debt contracting. If shareholders cannot get a favorable debt contract …
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effects of a new SEC rule designed to lessen managerial power by increasing large, long-term shareholders' influence in the …
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