An important literature has made a fundamental link between corporate governance and corporate strategy. According to … subsequent competitive advantage. This theory of entrepreneurial governance is tested using patent ownership as a proxy for both … hypothesis posited by the entrepreneurial governance model. …

corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … active in firm governance. We then examine what distinguishes a blockholder from an ordinary shareholder and advocate … blockholder governance through both voice (direct intervention) and exit (selling one's shares). We survey the empirical evidence …