We study the shareholder value implications of a shift in the corporate balance of power towards shareholders. We find … would become compulsory for Swiss public companies, the shareholders of a large majority of companies reacted strongly … to be rewarded in full when shareholders vote on compensation in the next annual meeting. As a result, shareholders may …

Check 21, on bank stock return. We use event study analysis on thirty-four U.S. bank stocks listed on the New York Stock … Exchange. Our analysis reveals that Check 21 is associated with positive abnormal return. Overall, our results suggest that …