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shareholders far removed from the firm's day-to-day operations; and delegated management, which opens up the possibility for … appointment rights, by which shareholders retain the right to appoint and remove directors. Next, it focuses on core decision …
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shareholder interests by making the board more responsible to shareholders, and strengthening the monitoring of top management by … investments are, like financial investments, not ex ante contractible, leaving investors open to exploitation by shareholders …
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In Closer Look, we highlight significant “holes” in our knowledge of corporate governance. These are central issues where insufficient or inadequate study has left us unable to answer basic questions, and where key assumptions relied upon by experts have not been verified or validated. While...
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Corporate Governance Movement -- Chapter 6 Shareholders and Activism -- Chapter 7 Corporate Social Responsibility -- Chapter 8 …
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