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effective protection in law to disgruntled minority shareholders. Design/methodology/approach – The study draws upon official …
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shareholders and corporate risk. The findings suggest that celebrity shareholders increased corporate risk. And the main reason is …. Furthermore, this study finds that celebrity shareholders had a greater impact on corporate risk among firms with no independent … directors, a high proportion of management shareholders, a low proportion of institutional investors and those belonging to the …
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firm has multiple large shareholders (MLS), these shareholders are likely to weaken internal monitoring and collude with …
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