Recent trends in shareholder empowerment have spurred a heated debate whether empowered shareholders will ultimately … shareholders will improve managerial accountability and firm performance, critics warn that shareholder empowerment will merely … amplify corporate myopia and shift the problem of managerial self-serving to shareholders' self-serving. In this volume we …

. Shareholders vote by unilateral proxies, which prevent them from “mixing and matching” among nominees from either side. The … outcomes, which disenfranchise shareholders. By removing these distortions, universal proxies would improve corporate suffrage …

shareholders far removed from the firm's day-to-day operations; and delegated management, which opens up the possibility for … appointment rights, by which shareholders retain the right to appoint and remove directors. Next, it focuses on core decision …

corporate board governance in recent years. Given the critical role that shareholders have in approving director appointments …, we analyze voting patterns in director elections to investigate whether and how shareholders value board diversity. Using … a broad sample of director elections from 2008 through 2018, we find evidence that shareholders provide greater voting …

Current attempts to reform financial markets presume that shareholder empowerment benefits shareholders. We investigate … the wealth effects associated with the SEC's rule to facilitate director nominations by shareholders. Our results are not … the probability of passage of the proposal, firms whose shareholders are more likely to use the rule to nominate directors …

increased shareholders' voting power in uncontested board elections, and, to establish the causality, I take advantage of the … that this is due to shareholders' decreased participation in both the sponsorship of governance proposals and active voting … in annual meetings. I argue that the negative relationship between shareholders' voting power and their participation is …

model that shows that when shareholders have direct access to proxy the quality of the board improves. This is so, because …'s). When the board can signal its type at a relative small cost, giving shareholders direct access to proxy is better than …

) issues as matters of strategy and statutorily attribute substantive competence for such matters not to the shareholders … shareholders’ actual power to take up the task that financial law gives them, and there is currently no European or international … shareholders meeting to amend the company’s constitutional documents …

Shareholders around the world are seeking greater dialogue with boards of directors of investee companies on an … investment firm, offers practical suggestions to boards on improving engagement with their shareholders.Suggestions made include …: 1) boards should strive to build long-term, trust-based relationships with their most significant shareholders and board …