shareholders to replace poorly performing management, and facilitating the constructive engagement of large shareholders and the …

permits “horizontal” claims against controlling or oppressive shareholders in addition to “vertical” claims against orthodox … underlying derivative actions directed at corporate fiduciaries, on one hand, and others (such as controlling shareholders), on … derivative lawsuit itself was included in the 2006 PRC Company Law revision precisely so as to give minority shareholders in such …

voting minority shareholders, we examine whether giving minority shareholders increased control over corporate decisions … fund ownership. There is also weak evidence that minority shareholders are more likely to veto value-decreasing equity … that in weak investor protection countries, the effect of granting minority shareholders increased control over corporate …

corporate control market from 2001 to 2008. We use related party transactions amount to capture control shareholders’ tunneling …

between corporate controlling shareholders and minority shareholders during China’s split-share structure reform, wherein … shareholders. Our initial analysis provides evidence that profit-promised firm-years are, on average, associated with income … ownership. Further analysis documents that the exit threat of institutional shareholders can discipline earnings management …

Western economists have argued that the legal environment for the protection of minority shareholders and mechanisms … for restricting the expropriation of minority shareholders will be important in determining the size and extent of a … country's capital markets. In China, the protection of minority shareholders is officially regarded as a major regulatory …

-publicly tradable shares. These results suggest that Chinese controlling shareholders' preferences for cash dividends is attributable to …