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democracy. And while shareholder say over corporate affairs is an admirable goal of corporate law (as shareholders are, in fact …, the firm’s owners), shareholder power has simply gone too far. The informal power of shareholders has become the focal …
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shareholders during takeovers is justified under common law and policy.Design/Methodology/Approach – The paper provides a detailed …
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We investigate the decision rules for corporate investment by designing a company value frontier. This company value frontier allows for balancing the financial value and social and environmental impacts. This article develops novel value concepts-ranging from shareholder value to shareholder...
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