Showing 1 - 4 of 4
Shareholder proposals are increasingly important tools for corporate reformers, yet courts, policy makers, and scholars are concerned that proposals may be used "opportunistically" as bargaining chips by activists to extract side payments from management. This paper investigates whether labor...
Persistent link: https://www.econbiz.de/10012936891
This paper studies SEC no-action letter decisions that determine whether companies can exclude shareholder proposals from their proxy statements. During the period 2007–2019, the market reacted positively when the SEC permitted exclusion, suggesting that investors viewed those proposals as...
Persistent link: https://www.econbiz.de/10012854878
Persistent link: https://www.econbiz.de/10012548813
Persistent link: https://www.econbiz.de/10012033910