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In general in organizations whose system of governance involves weighted majority voting, power and voting weight differ. Power indices are a value concept for majority voting games which provide a means of analyzing this difference. This paper provides new algorithms for computing the two...
Persistent link: https://www.econbiz.de/10005368542
This paper assesses the indices against a set of reasonable criteria in terms of shareholder voting power and the control of the corporation in a large cross section of British companies. Each company is a separate voting body and there is much variation in the distribution of voting shares...
Persistent link: https://www.econbiz.de/10005146829
In general in an organization whose system of governance involves weighted voting, a member's weight in terms of the number of votes and the formal power it represents differ. Power indices provide a means of analyzing this difference. The paper uses new algorithms for computing power indices...
Persistent link: https://www.econbiz.de/10005146902
Voting Power Indices enable the analysis of the distribution of power in a legislature or voting body in which different members have different numbers of votes. Although this approach to the measurement of power, based on co-operative game theory, has been known for a long time its empirical...
Persistent link: https://www.econbiz.de/10005748205