A statutory derivative action has been proposed for the United Kingdom and is contained in Part 11 of the Company Law … Reform Bill. Australia has had a statutory derivative action for approximately 6 years. This paper outlines the results of … the first empirical study of the Australian statutory derivative action. The study provides insights into the way …

China, I find that a rejection decision would on average cause a corporation to lose 1.59% to 1.95% of its market value. The …-sponsored proposals, and rejections unsupported by external legal counsels. I further find that the two stock exchanges in China are … shareholders to replace poorly performing management, and facilitating the constructive engagement of large shareholders and the …

This study investigates how directors make decisions that involve shareholders and other stakeholders. Using vignettes … often side with shareholders …

The European Shareholder Rights Directive provides shareholders the right to ask questions related to the items on the … – smaller shareholders. The mean number of questions per meeting is twenty-five, with an underrepresented number of questions of …

This study examines how directors make decisions that involve shareholders and other stakeholders. Using vignettes … often side with shareholders …

shareholders. As a result, these directors have incentives to go along with controllers' wishes, or, at least, inadequate … that allows policymakers to produce the precise balance of power between controlling shareholders and public investors that …

ownership ones. We focus on Continental Europe, Japan, Brazil, Russia, India and China. Our main thesis is that independent …-party transactions and other conflicts of interest situations. Moreover, controlling shareholders often perform some of the functions …