a greater likelihood of goodwill impairment. Overall, our findings indicate that controlling shareholders increasingly … expropriate minority shareholders through self-serving corporate takeovers after the stock pledge …

This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in …

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 …

.S. But we argue that outside investors in European listed firms with controlling shareholders are poorly protected compared … shareholders rather than shielding passive investors, is not well suited for controlled, listed firms. This approach translates … into a lack of definition and development of specific fiduciary duties of the controlling shareholders towards market …

sunset after a fixed period of time (such as ten or fifteen years) unless their extension is approved by shareholders …

-specific determinants of dividend payout probabilities. Only the largest shareholders with equity stakes that are either between 25% and 50 …% or above 50% rank among the most important variables. The impact is non-linear. When controlling for shareholders …

' management-agency problems, the more unfavourably shareholders tend to react, leading to more negative cumulative abnormal … returns or rights forfeiture. Controlling shareholders do not forfeit rights, and may increase their percentage ownership at … shareholders …

This paper exploits the recent rise in corporate venture capitalists (CVC) to examine the effect of shareholders … information about the CVC. Taken together, this study offers new insights on how a previously unexplored factor—large shareholders …