Why did shareholder liability disappear? We address this question by looking at its use by British insurance companies …) shareholders saw an opportunity to expunge something they disliked when insurance companies grew in size. Using hand …-collected archival data, our findings suggest investors attached a risk premium to shareholder liability, and it was phased out after a …

When are shareholders empowered to remove directors from office? This is an important governance issue and is related … to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian … Corporations Act 2001 (Cth) provides that shareholders may by ordinary resolution remove a director from office. Section 203D also …

influence that may come at the detriment of the firm and its shareholders. We confirm that there are marked conflicts of …