costs. Family-controlled firms and coalitions among non-controlling shareholders seem helpful in reducing agency costs. The … results suggest that coalitions among non-controlling shareholders both in family and non-family firms reduce agency costs …

This paper investigates the role that shareholders may play in corporate governance by analysing the European … aiming at strengthening shareholders' voice in general meetings on the assumption that this is a prerequisite for sound … same time, may play a significant role in improving corporate governance by balancing the power of dominant shareholders …

: the participation in the shareholders' meeting by means of telecommunications, with particular attention to the regulation …

This chapter is a case study of the valuation of voting rights in France and Italy. New regulations, France’s “Florange … of long-term shareholders. The chapter tests whether stock price evolution is consistent with the valuation of voting … policies would depress stock valuation in France and Italy. …