In studies of corporate governance by default, information asymmetry is assumed, based on the principle-agent theory …. In this paper I apply the more rich theory of information from cybernetics, compared to the mathematical theory to this … assumed information asymmetry in combination with the theory of decision making, especially with respect to producing eidetic …

We examine whether a large shareholder can alleviate conflicts of interest between managers and shareholders through … shareholders' perspective. Our results are consistent with empirical findings on the interaction between managers and minority …