interacting with its management and pressuring for strategic or corporate governance changes. In light of the theory and evidence …

exemption for transactions with wholly owned subsidiaries allows controlling shareholders to circumvent the rule extensively … shareholders and creditors. Hence, if the Commission choses to go down this route it might end up with a comprehensive regulation …

This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … voting power of minority shareholders and create incentives to use the real option inefficiently. Therefore, the majority …

This paper examines the economic determinants that lead German firms to adopt value-based management and control …

shareholders in civil law systems explains crucial differences in corporate structure and finance. It questions the thesis that the …