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 …

-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 …

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

shareholding using data on the ownership dynamics of Italian public companies. The results show that controlling shareholders …. The results imply that controlling shareholders are particularly beneficial for the rest of the company shareholders …