employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful …

academics and market participants, is that entrenchment reduces accountability to shareholders and amplifies agency costs, thus …

The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal … or unlisted) acquired on the stock returns of the acquiring companies' shareholders.The results indicate that M …&A generate statistically significant abnormal returns on the announcement as well as higher post M&A returns for shareholders of …

control rights and the types of control of the ultimate controlling shareholders (UCSs) of listed firms in China influence … pay and the level of cash dividend payout, which indicates that the ultimate controlling shareholders are likely to use … firms' cash dividend policy. The difference might stem from the historical nature of these ultimate controlling shareholders …

costs, to quantify the return to inversion for different shareholders. Foreign and tax-exempt investors, along with the … taxable shareholders. The model illustrates an agency conflict in which heterogeneity in personal taxes generates a wealth … transfer between shareholders. Furthermore, personal taxes offset the loss in government revenue by 39% …

corporate governance scholars should understand the nonfinancial motivations of shareholders when evaluating potential conflicts … controlling-versus-minority shareholders. Lastly, the PP literature should shift its rhetoric from conflicts to a good balance …

.S. But we argue that outside investors in European listed firms with controlling shareholders are poorly protected compared … shareholders rather than shielding passive investors, is not well suited for controlled, listed firms. This approach translates … into a lack of definition and development of specific fiduciary duties of the controlling shareholders towards market …